Auto Body and Light Industrial
61 Mathewson Dr East Weymouth, MA 02189
61 Mathewson Dr, East Weymouth, MA, 02189
Contact for pricing
For Sale
Contact for pricing
Masonry auto body facility with spray booth, frame machines, floor drains, and 400-amp 3-phase service.
Property Size4,709 SF
Price / SF$286.69
Days on Market167
Property Features for 61 Mathewson Dr
General Information
- Standard status
- Active
- Size
- 4,709 SF
- Property subtype
- INDUSTRIAL
Listing agency
Jay Nuss Realty Group, LLC
(781) 910-6575
Listed by
Jay Nuss
(781) 910-6575
Source
Moodyscre
Added: Feb 5 Updated: Jul 21 at 5:45AM Checked: Jul 21 at 5:45AM
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 Jay Nuss Realty Group, LLC
Investment Insights
Based on property information with market context.
Masonry auto body and light industrial building offered as part of a two-building condominium. The facility includes a spray booth, frame machines, and floor drains, supported by a 400-amp, 3-phase electrical service. Additional improvements noted include a newer roof and municipal water and sewer service.
The property is described as Industrial 1 zoned (I-1). The owner notes that condominium owners have acted independently since inception, with the only shared expense being a public liability insurance policy.
The listing includes a GLA of 4,709 square feet and a land area of 1.16 acres. The building is positioned for automotive or light industrial use based on its existing equipment and functional shop features.
The property is described as Industrial 1 zoned (I-1). The owner notes that condominium owners have acted independently since inception, with the only shared expense being a public liability insurance policy.
The listing includes a GLA of 4,709 square feet and a land area of 1.16 acres. The building is positioned for automotive or light industrial use based on its existing equipment and functional shop features.
Key Highlights
- Prime auto body condominium at 61 Mathewson Drive, Weymouth, with a 3,402 sq. ft. masonry building
- Includes spray booth, frame machines, and floor drains for automotive or light industrial use
- 400‑amp, 3‑phase electrical service
Local Financial Insights For Retail
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 | $117.5k | $24.96 |
| − Vacancy | −$3.1k | −$0.65 |
| EGI | $114.5k | $24.31 |
| − OpEx | −$34.3k | −$7.29 |
| NOI | $80.1k | $17.02 |
4,709 SF · lease $24.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.14M
$1.00M – $1.34M
NOI $80,136 @ 7.0% cap · market cap 5.94%
Second Best
Industrial
$715.6K
$626.1K – $834.8K
NOI $50,089 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M
NOI $195,140 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Supreme Bodyworks
Auto Repair Shop
Similar Off Market Nearby
- Bob's Collision Center — 71 Moore Rd, Weymouth, MA 02189
- Malloy's Automotive Services Inc — 40 Moore Rd, Weymouth, MA 02189
- Supreme Bodyworks — 61 Mathewson Dr, Weymouth, MA 02189
- Advanced Alignment — 63 Mathewson Dr, Weymouth, MA 02189
- NCPSS Electric Vehicle Repair, Service, and Outfitting — 293 Libbey Pkwy UNIT 350B, Weymouth, MA 02189
FAQs
What type of property is this?
Auto shop - Masonry auto body facility with spray booth, frame machines, floor drains, and 400-amp 3-phase service.
Where is this auto shop located?
The property is located at 61 Mathewson Dr East Weymouth, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime auto body condominium at 61 Mathewson Drive, Weymouth, with a 3,402 sq. ft. masonry building; Includes spray booth, frame machines, and floor drains for automotive or light industrial use; 400‑amp, 3‑phase electrical service
