259 Copeland St, Quincy, MA 02169
Mixed-use building with retail and residential units in high-traffic area.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 3 at 2:37 am
Property Features for 259 Copeland St
General Information
- Standard status
- Active
- Size
- 3,574 SF
- Lot size
- 0.13 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing office Kelley & Rege Properties, Inc. (617) 710-4997
Listing date Mar 10, 2026
Source Elliman
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HighLights
- Projected gross rental income of $83,784 annually when fully occupied.
- Mixed‑use building featuring three retail units and a spacious 3‑bedroom apartment.
- High‑visibility location with easy access to Routes 93, 128, and 3.
- Second‑floor residential unit will be delivered vacant.
- Five off‑street parking spaces.
- Zoned BUSB (legal conforming).
Overview
Local Financial Insights For Mixed Use
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 | $120.1k | $33.60 |
| − Vacancy | −$10.8k | −$3.02 |
| EGI | $109.3k | $30.58 |
| − OpEx | −$41.0k | −$11.47 |
| NOI | $68.3k | $19.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.0263837
- Latitude
- 42.2450303