2 Sarahs WayFairhaven, MA 02719

Property Details for 2 Sarahs Way

Lot size

4.06 AC

Zone code

B

Property type

Commercial real estate

APN

FAIR M:000024 L:00012A S:

APU

FAIRM000024L00012AS

Description

This exceptional retail opportunity presents 8,438 square feet of vacant space within a thriving 31,000 square foot neighborhood shopping center located at 2 Sarah's Way in Fairhaven, Massachusetts. The center boasts a strong tenant mix, including CVS Pharmacy as an anchor, along with Tropical Smoothie Cafe, Danny Savery Jiu Jitsu, The Potting Bench, and PlanIt Eats. Situated on a 4.06-acre lot, the property offers excellent visibility and accessibility from Route 6 and Interstate 95, placing it within a dense retail corridor. Nearby prominent businesses include Walmart, Big Lots, Stop and Shop, Planet Fitness, Jersey Mike's, Dollar Tree, Tractor Supply Company, Auto Zone, and Taco Bell, ensuring high foot traffic and consumer exposure. Built in 1974, this six-suite building provides ample parking and the opportunity for pylon signage, making it an ideal location for retail and service-oriented businesses seeking a strong presence in a busy commercial area. The property is located in Bristol County, MA, zip code 02719. This is a rare chance to secure a significant retail space in a well-established and highly visible location.

• CAP approach

  CAP return

  Valuation

  6%

  $35,104,200

  6.5%

  $32,403,900

  7%

  $30,089,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,129,800

  Geo Method

  $23,129,800

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $63,172,500

  Retail / Commercial

  $32,516,600

  Mixed-Use / Specialty

  $32,496,800

  Hospitality / Lodging

  $23,967,100

  Office

  $32,403,900

  Institutional / Educational

  $33,817,900

  Residential Income

  $39,567,000

  Multifamily

  $46,921,400

  Automotive / Energy

  $28,986,800

  Parking / Income-Based Land

  $9,907,990

  Restaurant / Food Service

  $17,107,100

  Healthcare / Senior Housing

  $33,226,200

Location Insight

City

Fairhaven

County

Bristol

State

Massachusetts

Latitude

41.6456

Longitude

-70.8969

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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