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285 Winthrop Street, Rehoboth, MA 02769

$2,050,000
  • Main Photo

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Active
SQUARE FEET12,719 MLS#73564307
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Prime Mixed-Use Investment Opportunity on Highly Traveled Route 44! 10 Fully rented income-producing units! This exceptional income-producing property offers a rare combination of commercial and residential space in a high-visibility location with excellent frontage and exposure. Situated on approximately 33,377? square feet, the property is improved by two interconnected steel-framed buildings with durable concrete block construction, totaling approximately 13,224? square feet of gross building area. The property features 10 Fully rented income-producing units, including 8 commercial units and 2 residential apartments, providing a diverse tenant mix of retail, industrial, and residential uses. Building 1 offers approximately 4,220? square feet, while Building 2 encompasses approximately 9,004? square feet, allowing flexibility for a wide range of businesses and investment strategies. Extensively maintained and thoughtfully improved, this property has seen numerous capital improvements throughout the years, making it an outstanding opportunity for investors seeking a well-cared-for asset with long-term upside. A NEW septic system will be installed, providing added value and peace of mind for the next owner. The buildings have been well maintained, minimizing future capital expenditures while maximizing investment potential. With its strategic location on busy Route 44, strong visibility, ample on-site parking, this property is ideally positioned for continued occupancy and future growth. Whether youre looking to expand your investment portfolio, complete a 1031 exchange, or occupy one or more units while generating rental income from the remainder, this versatile mixed-use property presents an exceptional opportunity!

285 Winthrop Street | MLS# 73564307

This commercial property located at 285 Winthrop Street, Rehoboth, MA 02769 is currently listed for sale with an asking price of $2,050,000. Search Rehoboth real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.77 Acres
Roof Type: Shingle, Rubber
Taxes: $9,475
Year Built: 1976

Feature Descriptions

Building Area Total: 12719
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 24
Parcel Number: M:0039 B:0037 L:0000,4048054
Rental Term: Monthly
Utilities: Private Water, Private Sewer, Bottled Gas

Listed By / Shown By

Listed By

Agency Name: Blu Sky Real Estate
Agent Name: Raquel Senecal
Agency Phone: 508-557-0022

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