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    Historic Building with Panoramic Views Title is generated by Realmo AI

    8 Carver Street, Plymouth, MA 02360

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    Claim this Listing
    For Sale
    $2,000,000

    7,000 SF building with diverse zoning and scenic views.

    Type:Commercial
    Property size:
    7,000 SF
    Price / SF:
    $285/SF
    Added:
    Apr 1, 2025
    Days on Market:
    436
    Last Refresh:
    Apr 21 at 6:16 am

    Property Features for 8 Carver Street

    General Information

    Standard status
    Active
    Size
    7,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1903

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    Listing Contact
    Ryan Ahern

    Listing agent Ryan Ahern

    Listing office South Shore Sotheby's International Realty

    Listing date Apr 1, 2025

    Source Stevebremis

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

    All listing content including descriptions, pricing, images are the copyrighted material of South Shore Sotheby's International Realty

    HighLights

    • Panoramic views of Plymouth Rock, Mayflower II, Long Beach, and Saquish Beach.
    • "Downtown harbor" zoning allows for diverse development options.
    • Large 7,000‑square‑foot building.
    • Impressive brick and stone architecture with large stained glass windows.
    • Ample parking.
    • Originally constructed in 1903, offering a unique historical aspect.

    Overview

    This 7,000-square-foot building presents a unique acquisition opportunity, offering scenic views of Plymouth, Kingston, and Duxbury Bay. Perched atop Cole's Hill, the property provides panoramic vistas of Plymouth Rock, the Mayflower II, Long Beach, and Saquish Beach. The "downtown harbor" zoning makes this property an exceptional investment, allowing for diverse uses such as single and multi-family residential developments, an inn or hotel, a restaurant, office spaces, retail outlets, a historical museum, a cinema, and various other possibilities. Originally constructed as a church in 1903, this remarkable structure features impressive brick and stone architecture, large stained glass windows, and ample parking. This is a rare chance to own a piece of America's hometown.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $235.2k $33.60
    − Vacancy −$40.0k −$5.71
    EGI $195.2k $27.89
    − OpEx −$48.8k −$6.97
    NOI $146.4k $20.92
    7,000 SF · lease $33.60/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.09M
    $1.83M – $2.44M (±1% cap)
    NOI $146,412 @ 7.0% cap · market cap 7.32%
    Second Best
    Retail
    $1.64M
    $1.44M – $1.92M (±1% cap)
    NOI $115,013 @ 7.0% cap · market cap 5.75%
    Theoretical Best
    Office A
    $4.14M
    $3.63M – $4.83M (±1% cap)
    NOI $290,078 @ 7.0% cap · market cap 14.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Food Distribution Center ... Food Bank The Plymouth Salvation Army ... Food Bank

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.6627268
    Latitude
    41.9569893

    FAQs

    What type of property is this?
    Mixed-use property - 7,000 SF building with diverse zoning and scenic views.
    Where is this mixed-use property located?
    The property is located at 8 Carver Street Plymouth, MA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Panoramic views of Plymouth Rock, Mayflower II, Long Beach, and Saquish Beach.; "Downtown harbor" zoning allows for diverse development options.; Large 7,000‑square‑foot building.
    More about this property
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