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Property profile & analytics
OFF-MARKET Estimated value $2,090,000
Retail space

1000 Washington St Braintree, MA 02184-5456

12,320 SF 0.88 ac lot Built 1961
Individually Owned 23-yr Hold Free & Clear
Property ID
US38-0158882
Property summary
AI-generated overview

This exceptional 12,320 square foot commercial property, located at 1000 Washington Street in Braintree, Massachusetts, presents a unique investment opportunity. The building, constructed in 1961, features a traditional office layout suitable for multiple tenants. Currently, one 1,800 square foot space is immediately available. The property sits on a generous 8.83-acre lot, providing ample parking for tenants and visitors. The building boasts a 10-foot ceiling height throughout the office space. Its zoning designation is General Business District (GBD), offering flexibility for a variety of commercial uses. Situated in the vibrant South Braintree Square, the property enjoys a highly convenient location. It's within walking distance of numerous shops and restaurants, including the Southside Tavern, and offers easy access to major transportation arteries. The proximity to the Braintree MBTA station provides convenient access to Boston and major roadways such as Routes 93, 95, and the Massachusetts Turnpike. This property is ideal for businesses seeking a well-located, spacious, and easily accessible office space in a thriving commercial area of Norfolk County. The property's size and location make it an attractive option for a variety of businesses seeking to establish or expand their presence in the greater Boston area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction STEEL FRAME
Total area 12,320 SF
Lot 0.88 ac (38,463 SF)
Zoning code GBD
APN BRAI M:1009 B:0 L:41
UPID US38-0158882
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paula's Hair Design Hair Salon Nail Salon
  • AB Tower Taxi Cab of Braintree Courier Service
  • South Shore Bank, Residential Mortgages Services Bank Loan Service
  • Caruso Jewelers (Bike/Boat/Book/etc) Store
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$2.09M
Owner & transaction history
Braintree Cooperative Bk · 23 yrs held
Braintree Cooperative Bk
since 2003
1 recorded transaction
2003
$1.2M
Zoning & alternative use
GBD · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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