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Leased Retail Space with Laundry Service
For Sale
Contact for pricing
Pending

234 Billings Rd, Quincy, MA 02170

Retail property is leased through March 2025 to a drop-off laundry service; dry cleaning is not offered on site.

Property Size3,000 SF
Days on Market147

Property Features for 234 Billings Rd

General Information

Standard status Pending
Size 3,000 SF
Property subtype Retail

Additional Details

Cap Rate 7%

Building Details

Tenancy Single
Listing Agency: Associated Brokerage Group Cambridge
Listed By: David Killen · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 3 at 5:18AM

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 Associated Brokerage Group Cambridge

Investment Insights

Based on property information with market context.

This retail investment property includes approximately 3,000 SF and is currently leased through March 2025 to a long-term tenant operating a drop-off laundry service. The tenant does not offer dry cleaning on site.

Located at 234 Billings Rd in Quincy, MA, the property is being offered for sale as an income-producing retail asset.

Key Highlights

  • 3,000 SF retail property leased to a long‑term tenant through March 2025 (drop‑off laundry service)
  • Investment listing price of $595,000 with a stated 7% cap rate
  • Tenant provides drop‑off laundry service; no dry cleaning offered on site

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Hotel & Motel Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Shops & Services 36% Dining 25%
99 Ranch Market Groceries
32,860 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
20,902 visits/mo 0.5 miles
Bank of America Shops & Services
9,318 visits/mo 0.3 miles
7-Eleven Shops & Services
7,155 visits/mo 0.4 miles
Citizens Bank Shops & Services
5,993 visits/mo 0.4 miles

Demographics for 02170, MA

19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property is leased through March 2025 to a drop-off laundry service; dry cleaning is not offered on site.
Where is this retail space located?
The property is located at 234 Billings Rd Quincy, MA.
What are key features of this property?
This property features: 3,000 SF retail property leased to a long‑term tenant through March 2025 (drop‑off laundry service); Investment listing price of $595,000 with a stated 7% cap rate; Tenant provides drop‑off laundry service; no dry cleaning offered on site
More about this property
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