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    Quincy Mixed-Use Investment Opportunity Title is generated by Realmo AI

    259 Copeland St, Quincy, MA 02169

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    For Sale
    $899,000

    Mixed-use building with retail and residential units in high-traffic area.

    Type:Commercial
    Property size:
    3,574 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $251/SF
    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

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    Francine Jeffers
    Francine Jeffers

    Listing office Kelley & Rege Properties, Inc.

    Listing date Mar 10, 2026

    Source Elliman

    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 Kelley & Rege Properties, Inc.

    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

    This two-story, solid brick building in Quincy offers a mixed-use opportunity, featuring three street-level retail spaces and a second-floor 3-bedroom apartment. The property is located just off Willard Street, providing convenient access to Routes 93, 128, and 3. It benefits from a high-visibility location and includes off-street parking for five vehicles. The property, zoned BUSB (legal conforming), sits on a 5,766 square foot lot. The total square footage of the building is approximately 3,574. The property is suitable for investors or owner-occupants. The second-floor residential unit will be delivered vacant. The property is currently generating a projected gross rental income of $83,784 annually when fully occupied, with additional potential for reimbursement of operating expenses.

    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
    3,574 SF · lease $33.60/SF/yr · vacancy 9.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $975.7K
    $853.7K – $1.14M (±1% cap)
    NOI $68,299 @ 7.0% cap · market cap 7.60%
    Second Best
    Retail
    $823.4K
    $720.5K – $960.7K (±1% cap)
    NOI $57,641 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Office A
    $2.11M
    $1.85M – $2.46M (±1% cap)
    NOI $147,878 @ 7.0% cap · market cap 16.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pink and Blue Pet ... Pet Grooming Service

    Suggested Use

    Nail Salon Food Market Restaurant Department Store Travel Agency Cosmetic Store Nursing Home Cafe & Coffee Shop Nursing Home Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0263837
    Latitude
    42.2450303

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in high-traffic area.
    Where is this mixed-use property located?
    The property is located at 259 Copeland St Quincy, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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