Quincy Storefront
New
For Sale
$999,999
215 Samoset Avenue, Quincy, MA 02169
The property sits among residential neighborhoods, local businesses, and everyday amenities, with access to Quincy Center.
Property Size4,883 SF
Price / SF$204.79
Days on Market5
Property Features for 215 Samoset Avenue
General Information
Standard status
Active
Size
4,883 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Lillian Montalto Signature Properties
Listed By:
Team Lillian Montalto
(978) 475-1400
Source:
Jmulkerinrealty
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 1:53PM
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 Lillian Montalto Signature Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1940, this storefront property is located at 215 Samoset Avenue in Quincy. Residential neighborhoods, local businesses, and everyday amenities surround the area, and Quincy Center is accessible from the property.
Key Highlights
- 215 Samoset Avenue in Quincy, Massachusetts
- Built in 1940
- Located among residential neighborhoods and local businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,753
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,575,060
$1.6M
Cap Rate 7%
$1,125,043
$1.1M
Cap Rate 9%
$875,033
$875.0K
Market Conditions
NOI Build-Up for 4,883 SF
Gross rent
$117.2K $24.00/SF
− Vacancy
−$4.7K −$0.96/SF
EGI
$112.5K $23.04/SF
− OpEx
−$33.8K −$6.91/SF
NOI
$78.8K $16.13/SF
Area
Quincy, MA
Vacancy
4.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,575,060
Cap Rate 7%
$1,125,043
Cap Rate 9%
$875,033
Alternative Uses
Best Use
Retail
$1.13M
$984.4K – $1.31M
NOI $78,753 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,039 @ 7.0% cap · market cap 20.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Dunkin' Donuts
Dining
10,286 visits/mo
0.4 miles
Pearle Vision
Shops & Services
1,715 visits/mo
0.5 miles
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Blossoms Florist — 1248 Hancock St, Quincy, MA 02169
- Stop & Shop Florist — Quincy, MA 02169
Frequently Asked Questions
What type of property is this?
Storefront property - The property sits among residential neighborhoods, local businesses, and everyday amenities, with access to Quincy Center.
Where is this storefront property located?
The property is located at 215 Samoset Avenue Quincy, MA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 215 Samoset Avenue in Quincy, Massachusetts; Built in 1940; Located among residential neighborhoods and local businesses
