Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5 Main St Kingston, MA 02364

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use building, high traffic location

    Property size:
    1,200 SF

    Property Features for 5 Main St

    General Information

    Property type
    Land
    Square Feet
    1,200 SF

    We can help!

    Listing Contact
    Patricia Nemes
    Patricia Nemes

    Listing Agency: Century 21 Tassinari & Associates Inc Listing Agent: Patricia Nemes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This Kingston, MA commercial property, located at 5 Main St., 02364, is offered at $455,000. The 1,200 square foot building sits on a 9,600 square foot lot and offers 10-12 parking spaces. Previously used as a hair salon and currently an insurance company since 1997, this mixed-use property presents versatile options for future use, including conversion back to a single-family home. Recent updates include a new roof (2012), central air conditioning, natural gas heating (2015), and an AC heat pump (2015). The property boasts town water and sewer, a maintenance-free deck and railing, classic wide pine flooring, hardwood floors, a first-floor half bath with stylish stone counter and tile, multiple picture windows, sliders to the deck, and stairs to the rear. A basement with epoxy flooring and a one-car garage are also included. A fireplace is present, but its functionality is unknown. A television in the reception area and a small refrigerator will be provided to the buyer. This property enjoys a fantastic, high-traffic location near the beach and train. Final and best offers are due Thursday, October 17th, by 3:00 PM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.6950316
    Latitude
    41.9824783

    Nearby Similar for Sale

    • Contact for pricing
      12,000 SF

      Mixed-Use Building on Route 27

      Mixed-use property with retail, office, garage, and apartment.
      114 Pembroke St, Kingston, MA 02364
      View Details
    • $785,000

      Mixed-Use Property with Barn

      Mixed-use property featuring apartments, studios, and a two-story barn.
      228 Main St, Kingston, MA 02364
      View Details
    • Contact for pricing

      Kingston Three-Family Investment Opportunity

      Rare three-family property in prime Kingston location with rental history.
      1 Tarkiln Rd, Kingston, MA 02364
      View Details
    • $1,875,000
      1.97 Acres

      Kingston Medical Office Building

      Prime Kingston location, multi-tenant office building.
      68 Evergreen St, Kingston, MA 02364
      View Details
    • $1,485,000
      4.27 Acres

      Kingston Development Opportunity

      54-Unit Residential Project, 4.27 Acres
      38 Crescent St, Kingston, MA 02364
      View Details

    FAQs

    What type of property is this?
    Land - Mixed-use building, high traffic location
    Where is this land located?
    The property is located at 5 Main St Kingston, MA.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: Asking Price: $455,000; Property Type: Commercial Land, 1,200 square feet, 9,600 square foot lot, located at 5 Main St., Kingston, MA 02364; Mixed-use property with 10-12 parking spaces, situated on the Kingston/Plymouth town line.
    (508) 747-1258 Call to check price and availability
    Request Owner's contact information
    5 Main St Kingston, MA 02364
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Main St
    Kingston, MA 02364
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Main St Kingston, MA 02364
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patricia Nemes
    Patricia Nemes
    (508) 747-1258 (781) 831-0776
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!