285 Winthrop StRehoboth, MA 02769

Property Details for 285 Winthrop St

Lot size

0.78 AC

Property type

Investment properties

Property subtype

Live-work space

APN

REHO M:00039 B:00037

APU

REHOM00039B00037

Description

This exceptional commercial property at 285 Winthrop Street in Rehoboth, Massachusetts, presents a unique opportunity for a variety of businesses. The 2,184 square foot lower-level workshop boasts ample space ideal for various uses, including office, retail, distribution, or warehouse operations. Its location on a high-traffic area of Route 44 ensures excellent visibility and accessibility for customers and clients. The property includes a lighted sign for enhanced brand recognition. The space features a half bathroom, and utilities, including heating and air conditioning, are the responsibility of the tenant. The building is a single-tenant space, offering privacy and control. The lot size is 2,184 square feet, and there is one building on the site. No on-site parking is available. The property is classified as Office, Retail, Land, and Industrial, with subtypes including Traditional Office, Commercial, Distribution, Warehouse, Specialty Services, Clothing Store, Interior Design, Business, and Jewelry Storefront. This versatile space is available for immediate occupancy, making it an attractive option for businesses seeking a ready-to-use location in a prime commercial area. The property is conveniently located in Rehoboth, MA, zip code 02769.

• CAP approach

  CAP return

  Valuation

  6%

  $5,584,347

  6.5%

  $5,154,782

  7%

  $4,786,583

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,413,303

  Geo Method

  $4,413,303

• Alternative Use

  Use

  Valuation

  Residential

  $6,391,930

  Hospitality

  $5,854,973

  Educational

  $4,871,269

  Medical

  $5,038,800

  Retail

  $7,577,530

Location Insight

City

Rehoboth

County

Bristol

State

Massachusetts

Latitude

41.8503

Longitude

-71.2457

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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