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    Winthrop St Winthrop, MA 02152

    For Sale
    $800,000

    Prime Winthrop location, redevelopment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional Winthrop, MA property presents a unique investment opportunity for developers and savvy investors. Situated on a 0.08-acre lot at the Winthrop St address, this two-story building currently functions as office and warehouse space. However, its zoning allows for a wide range of uses, making it highly adaptable to various redevelopment plans. A condo conversion is a strong possibility, as is a mixed-use development incorporating retail and residential components. The highest and best use is anticipated to be either a fully residential conversion or a mixed-use project, subject to necessary approvals. Detailed dimensional regulations for multifamily residential development, including frontage and building height restrictions, are readily available within the Town of Winthrop's zoning laws and dimensional tables. Prospective buyers are strongly encouraged to conduct their own due diligence to fully assess the property's potential and confirm its suitability for their intended use. The property is being sold in "as-is" condition. All offers will be reviewed upon receipt. The building's square footage is not currently specified. This presents a chance to acquire a strategically located property with significant upside potential in a desirable Massachusetts town. The asking price is $800,000.

    Property Features for Winthrop St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1928
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winthrop
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.98109
    Latitude
    42.37145

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Winthrop location, redevelopment opportunity.
    Where is this commercial real estate located?
    The property is located at Winthrop St Winthrop, MA.
    What is the asking price?
    The asking price for this property is $800,000.
    (617) 201-3204
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    Winthrop St Winthrop, MA 02152
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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
    Winthrop St Winthrop, MA 02152
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