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Retail Space with Dedicated Parking

64 Putnam Street #D, Winthrop, MA 02152

For Sale
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The space has gas forced-air heating, central air conditioning, and two designated parking spaces.

Property Size1,200 SF
Price / SF$2.00
Days on Market15

Property Features for 64 Putnam Street #D

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 2

Amenities

gas forced-air HVAC with central air

Building Details

Year Built 1914
Construction brick/masonry
Listing Agency: Reference Real Estate
Listed By: Reserve Team
Source: Lockandkeyre
Added: Oct 30 Changed: Nov 12 Last Checked: Nov 12 at 2:21PM

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 Reference Real Estate

Rey
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Investment Insights

Based on property information with market context.

Retail space at 64 Putnam Street in Winthrop features brick and masonry construction, gas forced-air HVAC, and central air conditioning. Two dedicated parking spaces serve the property.

The address is on Putnam Street in Winthrop’s Center Business District. Restaurants, banks, and the post office are within walking distance, and an MBTA bus connection to Boston is nearby.

Key Highlights

  • Two dedicated parking spaces
  • Brick and masonry construction
  • Gas forced‑air HVAC with central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,461
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,220 $469.2K
Cap Rate 7%
$335,157 $335.2K
Cap Rate 9%
$260,678 $260.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$36.0K $30.00/SF
− Vacancy
−$2.5K −$2.07/SF
EGI
$33.5K $27.93/SF
− OpEx
−$10.1K −$8.38/SF
NOI
$23.5K $19.55/SF
Area
Suffolk County, MA
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,220
Cap Rate 7%
$335,157
Cap Rate 9%
$260,678

Alternative Uses

Best Use
Retail
$335.2K
$293.3K – $391.0K (±1% cap)
NOI $23,461 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$710.4K
$621.6K – $828.8K (±1% cap)
NOI $49,728 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy HVAC Service Carpet & Flooring Store Electrical Service Storage Facility Garden 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.

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citizens Bank Shops & Services
3,713 visits/mo 0.0 miles

Demographics for 02152, MA

19,316
Population
8,467
Households
2.3
Avg Household Size
44
Median Age
43%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
11,362
Density / Sq Mi
$106,357
Median Household Income
$68,062
Median Earnings
$1,909
Median Rent
$606,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Suffolk County, MA

$590 Jul
$468 Aug
$371 Sep
$367 Oct

Properties on Market for Retail space in Suffolk County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The space has gas forced-air heating, central air conditioning, and two designated parking spaces.
Where is this retail space located?
The property is located at 64 Putnam Street #D Winthrop, MA.
What are key features of this property?
This property features: Two dedicated parking spaces; Brick and masonry construction; Gas forced‑air HVAC with central air conditioning
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Includes: Price & PSF · Cap rate · Location · Zoning

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