2555 G.a.r. Hwy Swansea, MA 02777
- Lifestyle centers
- 614,632 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 2555 G.a.r. Hwy
- Year built
- 1950
- Property size
- 614,632 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional Swansea, MA investment opportunity presents a fully leased, multi-tenant retail portfolio spanning 614,632 square feet across two single-story buildings on a 16-acre lot. The property, located at 2555 G.A.R. Highway, boasts a prime location near major retailers such as Bristol Toyota and Cardis Furniture, ensuring high visibility and consistent traffic. Currently operating at 100% occupancy with three units under net leases, the portfolio offers a stable income stream with a remaining lease term of one year. Built in 1950, the property is zoned for general commercial use, presenting significant redevelopment potential for a savvy investor. The asking price is $4,200,000, translating to a price per square foot of $6.83. This property is ideal for investors seeking a strong return on investment with the added benefit of future development possibilities in a thriving commercial area. The existing structure comprises approximately 36,000 square feet of industrial/retail space, offering flexibility for various uses. This is a rare chance to acquire a substantial retail portfolio in a high-demand location with significant upside potential. The property's size and location make it an attractive prospect for long-term growth and value appreciation.
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
- Swansea
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.2702
- Latitude
- 41.7733
