Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    77 Federal Ave Quincy, MA 02169

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,500,000

    Large commercial property with parking and easy highway access.

    Property size:
    8,038 SF

    Property Features for 77 Federal Ave

    General Information

    Standard status
    Active
    Size
    8,038 SF

    Building Details

    Year built
    1940

    We can help!

    Listing Contact
    Derek Wong
    Source: Corcoran

    Listing Agency: V & E Realty Listing Agent: Derek Wong

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

    Learn more

    Overview

    Two-Level Commercial Property in Quincy

    This is a large, two-level commercial property located in Quincy. It features ample parking and offers convenient access to Route 93, Route 128, and Route 3. The property is situated close to the Quincy Adams T Station on the Red Line. The interior provides a wide-open space with high ceilings and wide staircases leading to the second level. Currently, the property is used as a showroom for a kitchen and bath cabinetry, granite countertops, and lighting business. The seller is open to leasing back the property from the buyer, subject to further discussions and agreement on terms. The property has a size of 8038 square feet.
    Location Intelligence

    Current Use by Public Records

    Federal Kitchen Hardware & Home Improvement Federal Cabinets and Countertops Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    GF Kitchen & Bath, Old Colony Masons, Gymnasium Floor Refinishers

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0055897
    Latitude
    42.237657

    Nearby Similar for Sale

    • New
      $1,099,000
      2,200 SF

      Spacious Renovated Two-Family Residence

      Updated two-family home near Quincy Adams MBTA station.
      177 Franklin St, Quincy, MA 02169
      View Details
    • New
      $1,179,000
      2,100 SF

      Renovated Two-Family Home Near Beach

      Updated two-family property near Mound Street Beach in Quincy.
      107-109 Baxter Ave, Quincy, MA 02169
      View Details
    • New
      $1,099,000
      3,200 SF

      Quincy Multifamily Property For Sale

      Four-family property in West Quincy with a strong rental history.
      14 Arthur Ave, Quincy, MA 02169
      View Details
    • $1,099,000
      2,994 SF

      Adams Shore Four-Family Property

      Well-maintained four-family in Adams Shore with strong rental history.
      503 Sea St, Quincy, MA 02169
      View Details
    • Contact for pricing
      118,157 SF

      Quincy Office Building For Sale

      Value-add office building in transit-oriented, mixed-use location.
      300 Crown Colony Dr, Quincy, MA 02169
      View Details
    • Contact for pricing

      Crown Colony Drive Investment Opportunity

      Five-story, 118,157 SF asset with medical/office tenants.
      Quincy, MA 02169
      View Details
    • $3,900,000

      Two-Level Commercial Property in Quincy

      Large commercial property with parking and easy highway access.
      77 Federal Ave, Quincy, MA 02169
      View Details
    • $1,200,000
      2,201 SF

      Auto Shop on High-Traffic Street

      Auto shop building with three heated bays in high-traffic area.
      254 Centre St, Quincy, MA 02169
      View Details
    • $949,000

      Multifamily Near Quincy Adams Station

      Multifamily property near highway and Quincy Adams T Station.
      347 Centre St, Quincy, MA 02169
      View Details
    • $1,900,000

      Federal Avenue Specialty Property

      Specialty property available for sale on Federal Avenue.
      42-52 Federal Ave, Quincy, MA 02169
      View Details
    • $695,000
      2,090 SF

      Versatile Commercial Property For Sale

      Standalone commercial property with two spaces, ideal for investors.
      12-16 Brooks Ave, Quincy, MA 02169
      View Details
    • $799,000

      Renovation Opportunity Near Wollaston Beach

      Two-family house in Merrymount, prime for renovation.
      14-16 Ridgeway St, Quincy, MA 02170
      View Details

    FAQs

    What type of property is this?
    Showroom - Large commercial property with parking and easy highway access.
    Where is this showroom located?
    The property is located at 77 Federal Ave Quincy, MA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Excellent location with easy access to Route 93, Route 128, and Route 3.; - Close proximity to the Quincy Adams T Station (Red Line).; - Ample parking spaces available.
    (617) 290-8289
    Request Owner's contact information
    77 Federal Ave Quincy, MA 02169
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    77 Federal Ave
    Quincy, MA 02169
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    77 Federal Ave Quincy, MA 02169
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Derek Wong
    Real Estate License ID: 455500324
    (617) 290-8289 (617) 786-9399
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!