770 BroadwayRaynham, MA 02767
- Commercial real estate
- 2.70 AC
Property Details for 770 Broadway
- Lot size
- 2.70 AC
- Property type
- Commercial real estate
- APN
- RAYN M:4 B:27 L:0
- APU
- RAYNM4B27L0
Description
This exceptional Raynham, MA property, known as Raynham Depot, offers a unique blend of traditional, medical, and creative office spaces within a historic building at 770 Broadway, 02767. The property boasts a total of 46,888 square feet spread across two stories, built in 1900, and situated on a generous 3.24-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 1,950 square feet to a maximum contiguous space of 8,800 square feet. Currently, there are 13,479 square feet of vacant space ready for immediate occupancy. The property's versatile nature makes it suitable for a variety of businesses, from traditional office setups to medical practices and creative enterprises. The building also includes retail space. Its prime location provides excellent visibility and accessibility, with strong traffic counts and convenient access to major roadways including Routes 495, 95, and 24. The property offers a 4:1,000 square foot parking ratio, ensuring ample parking for tenants and their clients. This is a rare opportunity to secure space in a well-located, historic building with significant potential. Contact us today to learn more about leasing opportunities and explore the possibilities this property offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,037,400
- 6.5%
- $20,342,200
- 7%
- $18,889,200
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,367,200
- Geo Method
- $15,367,200
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $40,049,200
- Retail / Commercial
- $20,537,000
- Mixed-Use / Specialty
- $20,463,800
- Hospitality / Lodging
- $15,013,600
- Office
- $20,342,200
- Institutional / Educational
- $21,274,100
- Residential Income
- $24,890,700
- Multifamily
- $29,852,600
- Automotive / Energy
- $18,234,900
- Parking / Income-Based Land
- $6,292,660
- Restaurant / Food Service
- $10,643,400
- Healthcare / Senior Housing
- $20,985,200
Location Insight
- City
- Raynham
- County
- Bristol
- State
- Massachusetts
- Latitude
- 41.95
- Longitude
- -71.0732
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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