13 Cross StEast Bridgewater, MA 02333

  • Retail properties
  • 4,676 SF
For Sale

Property Details for 13 Cross St

Year built
1885
Construction
FRAME
Lot size
0.44 AC
Property size (Sq ft)
4,676 SF
Zone code
100
Property type
Retail properties
Property subtype
Turn key restaurants
APN
EBRI M:62 P:69
APU
EBRIM62P69

Description

This exceptional 8,650-square-foot property, located at 13 Cross St in East Bridgewater, Massachusetts (zip code 02333), presents a unique investment opportunity. The former T. J. Smith’s Victorian House sits on a generous 1.3-acre lot and is zoned B-3, offering considerable flexibility for a variety of uses. Currently configured as a full-service function facility, it includes a restaurant, tavern, and chapel, making it ideal for events. The property boasts ample parking and beautifully landscaped grounds, enhancing its appeal. An outdoor function area adds to its versatility. The building is fully equipped and ready for immediate operation, a true "turn-key" opportunity. Beyond its current use, the property's zoning and size suggest potential for redevelopment into other commercial ventures. Consideration for uses such as daycare, church, medical offices, or other commercial enterprises is encouraged given the property's size and location in Plymouth County. This is a rare chance to acquire a substantial property with significant historical character and considerable development potential. The property's location in East Bridgewater, MA provides easy access to major roadways and surrounding communities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,136,431
    6.5%
    $1,049,014
    7%
    $974,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,539,635
    Geo Method
    $1,539,635
  • Alternative Use

    Use
    Valuation
    Residential
    $884,882
    Hospitality
    $810,547
    Educational
    $674,366
    Medical
    $697,558
    Retail
    $1,049,014
13 Cross St, East Bridgewater, Massachusetts

Location Insight

City
East Bridgewater
County
Plymouth
State
Massachusetts
Latitude
42.0348
Longitude
-70.9697
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,616
$164,600
$530,200
$694,800
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