119 Bridge St Weymouth, MA 02191
- Retail space
- 1,040 SF
- 0.32 lot acres
Current Use by Public Records
- Retail space
Property Details for 119 Bridge St
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property size
- 1,040 SF
- Zone code
- 100
- Property type
- Retail space
- APN
- WEYM M:06 B:065 L:003
- APU
- WEYMM06B065L003
Description
This exceptional freestanding commercial property, situated on a highly visible 0.32-acre lot at 119 Bridge Street in Weymouth, Massachusetts, presents a rare investment opportunity. Conveniently located on Route 3A, near the Quincy line, this versatile building offers significant potential for a wide range of businesses. The main structure boasts over 1,000 square feet of flexible office space, ideal for various configurations to suit individual needs. Attached to the office is a substantial 700+ square foot garage, equipped with a gas trap, adding significant value and utility. This feature is particularly advantageous for businesses requiring storage, workshop space, or vehicle maintenance capabilities. The property's prime location on a busy thoroughfare ensures high visibility and accessibility, making it an attractive proposition for businesses seeking strong foot traffic and convenient access for clients and employees. The flexible layout and ample space allow for diverse uses, including but not limited to retail operations, general contracting, plumbing, electrical work, HVAC services, and many other possibilities. This is a unique chance to acquire a well-positioned commercial property with substantial potential for growth and profitability. The asking price is $719,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $695,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $495,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $470,000
- Mixed-Use
- $425,000
- Hospitality
- $575,000
- Educational
- $475,000
- Residential Income
- $565,000
- Energy
- $495,000
- Income-Based Land
- $440,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- Weymouth
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -70.9611
- Latitude
- 42.2424
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA