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    12 Grove St Middleboro, MA 02346

    Sponsored
    For Sale
    $695,000

    Turnkey 4-unit plaza, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a well-maintained, four-unit commercial plaza situated at a busy Middleboro intersection. The property, encompassing 0.26 acres, offers a total of 3,800 square feet of leasable space, currently generating a monthly income of $6,100. The plaza boasts a strong rental history with stable tenants. Unit 1 (1,000 sq ft) commands $1,500/month, leased until 8/1/26. Unit 2 (1,000 sq ft) rents for $1,700/month, with a lease expiring 6/1/24. Units 3 & 4 (combined 1,800 sq ft) generate $2,900/month, under lease until 4/1/28. Annual expenses, including taxes, utilities, and maintenance, total $15,858. The property is in excellent condition, both inside and out, and benefits from a central location providing easy accessibility. This turnkey property is an ideal investment for those seeking steady cash flow from a well-maintained commercial asset. The property is offered at $695,000. Note: The property address is 12 West Grove St, Middleboro, MA.

    Property Features for 12 Grove St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1981
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Costume Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleboro
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.91848
    Latitude
    41.88606

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey 4-unit plaza, strong rental income.
    Where is this commercial real estate located?
    The property is located at 12 Grove St Middleboro, MA.
    What is the asking price?
    The asking price for this property is $695,000.
    (508) 946-1661
    Request Owner's contact information
    12 Grove St Middleboro, MA 02346
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    Middleboro, MA 02346
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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
    12 Grove St Middleboro, MA 02346
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