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    198 Parkingway Quincy, MA 02169

    Pending
    For Sale
    $995,000

    Commercial Sale - Quincy, MA

    Lot size:
    0.11 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 198 Parkingway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    BUSC
    APN
    M:1165 B:44 L:B1,175877
    Lot size
    0.11 Acres

    Building Details

    Year built
    1950
    Architectural style
    Other

    RE/MAX REALTY PROS (617) 328-3200 [email protected]

    Listing agent Thomas McFarland (617) 328-3200

    Listing date Nov 19, 2025

    MLS# 73072727 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Quincy Freestanding Building

    This rarely offered freestanding building is located in the heart of downtown Quincy, within the downtown redevelopment zone. The property is adjacent to routes 3 and 93 and is a short walk to the Quincy Center Redline MBTA station. The 0.11-acre lot is currently used for educational purposes, but the building is ideal for many service businesses or retail uses. The transformation of Quincy has been dramatic, with hundreds of millions of dollars of both public and private investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.003062
    Latitude
    42.24481

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    FAQs

    What type of property is this?
    Retail space - Freestanding building in downtown Quincy, ideal for service businesses.
    Where is this retail space located?
    The property is located at 198 Parkingway Quincy, MA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Prime downtown Quincy location in redevelopment zone.; - Adjacent to Routes 3 & 93 for easy access.; - Short walk to Quincy Center Redline MBTA station.
    (617) 328-3200
    Request Owner's contact information
    198 Parkingway Quincy, MA 02169
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    Quincy, MA 02169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Parkingway Quincy, MA 02169
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