690 Washington StEaston, MA 02375

Property Details for 690 Washington St

Year built

2005

Construction

FRAME

Lot size

0.24 AC

Property size (Sq ft)

2,520 SF

Property type

Retail properties

APN

EAST M:0037U B:0067 L:0000

APU

EASTM0037UB0067L0000

Description

This exceptional mixed-use property at 690 Washington St, Easton, MA, presents a unique investment opportunity. The building sits on a 0.24-acre lot and is offered at $850,000. The ground floor encompasses a substantial commercial space, featuring five rooms and one and a half bathrooms. This flexible layout is well-suited for a variety of uses, including offices, retail establishments, or professional services. The ample square footage provides significant adaptability to suit diverse business needs. Above the commercial space, a bright and spacious one-bedroom apartment offers a private entrance, ideal for owner-occupancy or as a rental unit to generate additional income. The apartment includes an updated kitchen and a comfortable living area, providing a pleasant living experience for residents. This property offers significant potential for investors seeking a strong return on investment or business owners looking for a live/work solution. The building will be delivered vacant, allowing for immediate customization and occupancy. The property's location in desirable Easton, MA, further enhances its appeal and potential for success. This is a rare opportunity to acquire a versatile and income-generating property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $612,448

  6.5%

  $565,337

  7%

  $524,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $829,743

  Geo Method

  $829,743

• Alternative Use

  Use

  Valuation

  Residential

  $476,883

  Hospitality

  $436,822

  Educational

  $363,431

  Medical

  $375,930

  Retail

  $565,337

Location Insight

City

South Easton

County

Bristol

State

Massachusetts

Latitude

42.0416

Longitude

-71.0768

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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