Dedham, MA 02026
- Commercial real estate
- 3.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 1972
- Lot size
- 3.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional 56,108 square foot medical building presents a rare investment opportunity in Dedham, MA. Situated on a generous 3.4-acre lot, this former nursing home facility offers significant potential for a variety of uses. Previously licensed for 123 beds, the property is ideally suited for an inpatient facility, behavioral health center, nursing home, non-profit housing, or other medical-related ventures. The substantial site also allows for the development of residential or senior housing. Ample parking is available with space for over 100 dedicated spots, complemented by a convenient loading dock for efficient deliveries. Its strategic location, just 0.6 miles from I-95 South (experiencing over 300,000 vehicles daily), provides exceptional accessibility and visibility within the Route 128 corridor of Greater Boston. This makes it an attractive proposition for operators seeking expansion within this thriving market. The owner is open to considering leasing the entire site at a rate of $38 per square foot, triple net (NNN). Detailed information is available in a brochure provided upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dedham
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.1628
- Latitude
- 42.2282