211 Onset AveWareham, MA 02558

Property Details for 211 Onset Ave

Lot size

0.40 AC

Property type

Investment properties

Property subtype

Live-work space

APN

WARE M:00001 B:000 L:00203

APU

WAREM00001B000L00203

Description

This exceptional 800-square-foot executive office suite is ideally situated in the heart of Downtown Onset, Plymouth County. Located at 211 Onset Avenue, this first-floor space boasts a prime location, offering high foot traffic and excellent visibility. Previously occupied by a real estate firm, the suite features two private offices and a spacious open workspace, perfect for a variety of professional uses. The interior showcases attractive wood-like flooring throughout. Restrooms are conveniently located in the common areas. The building itself is a two-story Class B structure, totaling 7,829 square feet, built in 1900 and extensively renovated in 2020. While there are no elevators, the suite's ground-floor location ensures easy accessibility. This attractive storefront benefits from its proximity to key Onset attractions, including Onset Beach, the Onset Pier, and the Gazebo. Public parking is readily available nearby, along with popular local establishments such as the Onset Beach Patio and Grille, Quahog Republic, and the Bandshell. The property offers signage opportunities, enhancing visibility for your business. Utilities are the responsibility of the tenant. This space is immediately available. The neighboring businesses include a title and closing company, providing a synergistic environment. Minimum divisible space is 800 square feet, with a total of 800 square feet currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $3,405,190

  6.5%

  $3,143,260

  7%

  $2,918,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,343,480

  Geo Method

  $2,343,480

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,130,800

  Retail / Commercial

  $3,149,790

  Hospitality / Lodging

  $2,312,210

  Office

  $3,129,470

  Institutional / Educational

  $3,269,390

  Residential Income

  $3,825,190

  Multifamily

  $4,561,730

  Automotive / Energy

  $2,802,340

  Parking / Income-Based Land

  $962,419

  Restaurant / Food Service

  $1,644,840

  Healthcare / Senior Housing

  $3,218,540

Location Insight

City

Onset

County

Plymouth

State

Massachusetts

Latitude

41.7427

Longitude

-70.6601

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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