100 Schoosett StPembroke, MA 02359

Property Details for 100 Schoosett St

Year built

2001

Construction

FRAME

Property size (Sq ft)

1,984 SF

Property type

Office properties

Property subtype

Other office properties

APN

PEMB M:D14 P:7-1A

APU

PEMBMD14P71A

Description

This exceptional office condominium, situated on the entire second floor of a well-established professional park at 100 Schoosett Street, Unit 2B in Pembroke, MA, presents a remarkable opportunity. Boasting 6.79 acres of land, this property offers ample space and convenience. The interior features five large private offices, providing individual workspaces for enhanced productivity. Ten semi-private built-in work desks offer additional workspace flexibility. A sizable conference room with hardwood floors is perfect for meetings and presentations. A welcoming reception area creates a professional first impression, while a convenient kitchenette and two bathrooms cater to the needs of staff and clients. The significant square footage allows for the possibility of subletting portions of the space to offset costs, making it an attractive option for businesses seeking to maximize their investment. Alternatively, the property's size and location make it ideal for rental income generation. Adding to its value, the lower level provides an additional 900+ square feet of storage space, addressing potential storage needs. The property also benefits from abundant parking, a significant advantage for employees and clients. Its strategic location on Route 139, with easy access to Route 3, ensures excellent visibility and convenient commuting for all. This property represents an excellent opportunity to build equity and establish a thriving business presence in a desirable location. The asking price is $379,900.

• CAP approach

  CAP return

  Valuation

  6%

  $328,014

  6.5%

  $302,783

  7%

  $281,155

• Comparable approach

  Method

  Valuation

  Relative Method

  $259,229

  Geo Method

  $259,229

• Alternative Use

  Use

  Valuation

  Residential

  $375,450

  Hospitality

  $343,911

  Educational

  $286,130

  Medical

  $295,970

  Retail

  $445,090

Location Insight

City

Pembroke

County

Plymouth

State

Massachusetts

Latitude

42.1048

Longitude

-70.7938

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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