233 Water StPlymouth, MA 02360

Property Details for 233 Water St

Year built

1900

Construction

FRAME

Lot size

0.27 AC

Property size (Sq ft)

2,876 SF

Zone code

WF

Property type

Office buildings

APN

PLYM M:0012 B:0000 L:0037

APU

PLYMM0012B0000L0037

Description

This exceptional 5,766 square foot free-standing building at 233 Water Street in Plymouth, MA, presents a unique opportunity for medical or office users. Situated on a 0.27-acre lot, this property boasts stunning ocean views, particularly from the second floor. Previously utilized as a dental office, the layout is well-suited for a variety of professional uses. The building features a spacious waiting area, a reception desk, and multiple private offices, all designed to provide a comfortable and productive work environment. The building's prime waterfront location in Plymouth offers excellent visibility and accessibility. The ample square footage allows for flexibility in configuring the space to meet specific business needs. This is an ideal location for a practice seeking a prominent presence in a desirable coastal community. The property's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. The building's design and location combine to create a professional and inviting atmosphere, perfect for attracting and retaining clients. This is a rare opportunity to acquire a well-maintained, ocean-view commercial property in a thriving coastal town. The property is priced at $20 million.

• CAP approach

  CAP return

  Valuation

  6%

  $475,489

  6.5%

  $438,913

  7%

  $407,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $375,778

  Geo Method

  $375,778

• Alternative Use

  Use

  Valuation

  Residential

  $544,252

  Hospitality

  $498,532

  Educational

  $414,772

  Medical

  $429,037

  Retail

  $645,202

Location Insight

City

Plymouth

County

Plymouth

State

Massachusetts

Latitude

41.9656

Longitude

-70.6713

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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