76 Baptist StSwansea, MA 02777

Property Details for 76 Baptist St

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.61 AC

Property size (Sq ft)

6,633 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

SWAN M:036.0 B:0024 L:00000

APU

SWANM0360B0024L00000

Description

This exceptional 6,700-square-foot Class A medical office building, located at 76 Baptist Street in Swansea, Massachusetts, presents a unique investment opportunity. Built in 2006, this single-tenant property sits on a spacious 1.61-acre lot and offers ample on-site parking. Currently vacant, the building is fully adaptable to various uses, including its previous configuration as a veterinary office/hospital or as a daycare center. The existing layout includes a large reception area and waiting room, five exam rooms with convenient access from the waiting area, a dedicated surgery room, and an x-ray room. The building's modern design and functionality are complemented by a built-in generator backup system, ensuring uninterrupted operations. Situated in Bristol County, this property boasts a prime location in Swansea, MA, with the address being 76 Baptist St, zip code 02777. The property's versatility and desirable features make it an attractive prospect for a wide range of businesses seeking a modern, well-equipped space in a convenient location. The entire 6,700 square feet is currently available. This turnkey property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,370,816

  6.5%

  $1,265,369

  7%

  $1,174,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $866,668

  Geo Method

  $866,668

• Alternative Use

  Use

  Valuation

  Residential

  $1,569,058

  Hospitality

  $1,437,248

  Educational

  $1,195,774

  Medical

  $1,236,898

  Retail

  $1,860,092

Location Insight

City

Swansea

County

Bristol

State

Massachusetts

Latitude

41.7696

Longitude

-71.2671

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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