35 Summer StTaunton, MA 02780

For Sale
Call for price

Two Class-A office buildings, 89% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two first-class office buildings totaling approximately 59,859 square feet situated on a 3.96-acre lot in Taunton, Massachusetts. The portfolio, comprised of two buildings constructed in 1988 and 1999, features a combined two stories and boasts an impressive 89% occupancy rate. The buildings are zoned for urban residential use and offer a diverse tenant base spanning state agencies, professional services, and medical practices. Strategically located off Route 44, with convenient access to Interstates 495, 24, and 49, this property enjoys high visibility and proximity to numerous amenities. The portfolio presents a strong in-place income stream and significant value-add potential, further enhanced by recent capital improvements. This is a rare opportunity to acquire a stabilized, high-performing office portfolio in a market experiencing above-average rent growth. The property addresses are 35 Summer Street and 21 Spring Street, Taunton, MA 02780, within Bristol County. The buildings offer functional, cost-effective space, making them an attractive option for a wide range of office users. This is a compelling investment opportunity with a solid foundation for future growth and profitability.

Highlights

  • Stable, in-place cash flow.
  • Significant upside potential through value-add strategies.
  • Recently completed capital improvements enhance property value.
  • Prime location offers strong market access and visibility.
  • Extensive amenity package attracts and retains tenants.

Property Details for 35 Summer St

Property type
Other office properties, Medical offices
Square Feet
59,859 SF
Buildings
2
Stories
2
Lot Size (sq. ft)
172,498 SF

Location Insight

City
Taunton
County
Bristol
State
Massachusetts
Latitude
41.9002201
Longitude
-71.0882861
35 Summer St, Taunton, Massachusetts
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35 Summer St
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