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    529 Old County Rd Westport, MA 02790

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    For Sale
    $299,900

    Long-term USPS lease until 2030 with extension options.

    Lot size:
    0.21 Acres

    Property Features for 529 Old County Rd

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1956

    Source: Compass Agent Western Atlantic Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Standalone Building Leased to USPS

    This is a standalone building currently under a long-term lease with the United States Postal Service (USPS). The USPS has a lease until 2030 with options to extend at a higher rate until 2040. The building has undergone multiple major updates, including a new roof, new gutters, new paint, all new Harvey windows, new doors, new sills, composite trim, and repointing work done on the chimney. The vinyl on the outside has also been changed, eliminating the need for additional painting at this time. The lease states the building must be painted every five years to remove liability. The lessor is responsible for exterior structure maintenance and insurance. The lessee reimburses for taxes, pays utilities, and is responsible for snow removal and landscaping. Please visit the property during business hours and confirm your appointment with the listing agent.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Kitchen & Bath HVAC Service Garden Center

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

    Similar Places Nearby

    Erickson's Florist Garden Center

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.0565175
    Latitude
    41.6205303

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    FAQs

    What type of property is this?
    Storefront property - Long-term USPS lease until 2030 with extension options.
    Where is this storefront property located?
    The property is located at 529 Old County Rd Westport, MA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Long-term lease with USPS until 2030, with options to extend to 2040 at a higher rate.; - Lessor responsibility for exterior structure maintenance and insurance.; - Recent major updates including new roof, gutters, paint, Harvey windows, doors, sills, composite trim, and chimney repointing.
    (617) 755-4484
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    Westport, MA 02790
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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
    529 Old County Rd Westport, MA 02790
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