20 Park AvePlymouth, MA 02360
- Banks
- 26,572 SF
Property Details for 20 Park Ave
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 2.60 AC
- Property size (Sq ft)
- 26,572 SF
- Zone code
- DH
- Property type
- Banks
- APN
- PLYM M:0014 B:0000 L:0070-6
- APU
- PLYMM0014B0000L00706
Description
This exceptional commercial property at 20 North Park Avenue in Plymouth's desirable South Shore-Plymouth submarket offers 26,572 square feet of creative office space for lease. The building features four available suites: two first-floor units (1,850 SF and 1,150 SF) and two second-floor units (850 SF and 2,750 SF). A minimum divisible space of 850 square feet allows for flexibility, catering to various business needs. Currently, 6,640 square feet is vacant and ready for immediate occupancy. The property boasts ample parking with 100+ spaces, a significant advantage in a downtown area with limited public parking. Its prime location offers easy walking access to numerous businesses and restaurants. The building is situated in a waterfront neighborhood, providing a desirable and attractive work environment. Utilities include electric and gas heat. The property sits on 2.65 acres of land and is zoned Parcel Zoning DH. High ceilings and a flexible floor plan add to the appeal of this exceptional opportunity. This is a rare chance to secure prime office space in a highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,457,924
- 6.5%
- $5,961,160
- 7%
- $5,535,363
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,749,182
- Geo Method
- $8,749,182
-
Alternative Use
- Use
- Valuation
- Residential
- $5,028,462
- Hospitality
- $4,606,044
- Educational
- $3,832,174
- Medical
- $3,963,969
- Retail
- $5,961,160
Location Insight
- City
- Plymouth
- County
- Plymouth
- State
- Massachusetts
- Latitude
- 41.9613
- Longitude
- -70.6691
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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