770 Broadway Raynham, MA 02767
- Commercial real estate
- 2.70 lot acres
Current Use by Public Records
- Gwen Mireille Salon & Spa / Hair Salon / Spa
- Brothers Pizza / Pizza Restaurant / Italian Restaurant
- Fortinco / Contractor
- Minuteman Press Printing / Print Shop / Rubber Stamp Store
- Raynham Hardware / Hardware Store / Home Improvement Store
Property Details for 770 Broadway
- Lot size
- 2.70 lot acres
- Property type
- Commercial real estate
- APN
- RAYN M:4 B:27 L:0
- APU
- RAYNM4B27L0
Description
This exceptional Raynham, MA property, known as Raynham Depot, offers a unique blend of traditional, medical, and creative office spaces within a historic building at 770 Broadway, 02767. The property boasts a total of 46,888 square feet spread across two stories, built in 1900, and situated on a generous 3.24-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 1,950 square feet to a maximum contiguous space of 8,800 square feet. Currently, there are 13,479 square feet of vacant space ready for immediate occupancy. The property's versatile nature makes it suitable for a variety of businesses, from traditional office setups to medical practices and creative enterprises. The building also includes retail space. Its prime location provides excellent visibility and accessibility, with strong traffic counts and convenient access to major roadways including Routes 495, 95, and 24. The property offers a 4:1,000 square foot parking ratio, ensuring ample parking for tenants and their clients. This is a rare opportunity to secure space in a well-located, historic building with significant potential. Contact us today to learn more about leasing opportunities and explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,045,000
- 6.5%
- $1,795,000
- 7%
- $1,990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,720,000
- Geo Method
- $1,930,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,040,000
- Retail
- $2,105,000
- Mixed-Use
- $1,700,000
- Hospitality
- $2,230,000
- Educational
- $2,190,000
- Residential Income
- $1,835,000
- Energy
- $1,945,000
- Income-Based Land
- $1,830,000
- Food Service
- $1,980,000
Location Insight
- Map
- Local Demand
- City
- Raynham
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.0732
- Latitude
- 41.95
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
