137 Pine StMiddleborough, MA 02346

Property Details for 137 Pine St

Year built

2002

Construction

STEEL FRAME

Lot size

1.40 AC

Property size (Sq ft)

9,811 SF

Property type

Showrooms

APN

MIDD M:00102 L:1268 U:0000

APU

MIDDM00102L1268U0000

Description

This versatile 10,464 square foot building in Middleborough, MA, offers a unique blend of industrial and office space, ideal for a variety of businesses. Situated on a 1.3-acre lot at 137 Pine Street (Wareham Street Rte 28), this two-story structure boasts 7,000 square feet of vacant space ready for immediate occupancy. Built in 2002 and renovated in 2012, the property features 20-foot ceilings, four loading docks, four dock-high doors, and four drive-in doors, providing ample access for loading and unloading. The building also includes 10+ parking spaces, convenient paved off-street parking, and additional arched storage areas on-site. The interior offers seven large office spaces, two of which are suitable for multiple desks or as large conference rooms, along with two kitchen/break areas and three bathrooms. The property is equipped with a robust fire suppression and security system, gas and electric power (480 Volt, 600 AMP, three-phase service), and air conditioning in the offices with gas heat. Its convenient location offers easy access to Routes 495, and is approximately 45 minutes from both Boston and Cape Cod. The property is zoned commercial and previously served as an epoxy blending facility. The owner will consider subdividing both the office and warehouse space to accommodate specific tenant needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,384,416

  6.5%

  $2,200,999

  7%

  $2,043,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,230,401

  Geo Method

  $3,230,401

• Alternative Use

  Use

  Valuation

  Residential

  $1,856,625

  Hospitality

  $1,700,658

  Educational

  $1,414,928

  Medical

  $1,463,589

  Retail

  $2,200,999

Location Insight

City

Middleboro

County

Plymouth

State

Massachusetts

Latitude

41.8235

Longitude

-70.813

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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