744 Squantum St Quincy, MA 02171
- Office buildings
- 2,760 SF
- 0.19 lot acres
Current Use by Public Records
- Office buildings
Property Details for 744 Squantum St
- Year built
- 1928
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 lot acres
- Property size
- 2,760 SF
- Zone code
- BUSB
- Property type
- Office buildings
- APN
- QUIN M:6091 B:1 L:121
- APU
- QUINM6091B1L121
Description
This exceptional 2,875 square foot Class C executive office building in Quincy, MA, is offered at $2,100,000, representing a 4.00% cap rate. Located at 744 E Squantum St, this single-story, 1928-built property sits on a 0.19-acre lot and boasts stunning Boston Harbor and Marina Bay water views. The building features 14 parking spaces, making it highly convenient for employees and clients. Currently 100% occupied with a lease expiring March 15, 2025, this NNN-leased multi-tenant property offers a strong investment opportunity. The interior is well-maintained, featuring durable multi-spec paint, walnut doors and trim, abundant natural light from numerous windows, and a functional layout including 18 cubicles with existing ethernet wiring and network infrastructure, four private offices, a conference room, a server room in the basement, and a fully equipped kitchen. Additional amenities include two bathrooms, a separate shower, and attractive exterior landscaping. The 2,800 square foot basement provides ample storage space. The property is zoned BUSBs and is ideal for medical, legal, accounting, or other professional office uses. A virtual tour is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $85,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $95,000
- 6.5%
- $90,000
- 7%
- $95,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $100,000
- Geo Method
- $85,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $85,000
- Mixed-Use
- $80,000
- Hospitality
- $75,000
- Educational
- $75,000
- Residential Income
- $75,000
- Energy
- $80,000
- Income-Based Land
- $90,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.0158
- Latitude
- 42.2977
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA