1025 Plain St Marshfield, MA 02050
- Office buildings
- 10,806 SF
- 1.23 lot acres
Current Use by Public Records
- Cook & Co / Insurance Agency
- Regus / Office Space Rental Agency / Business Center
- LocalEase Garage Door Service / Garage Door Supplier
- Defense Tax Partners / Tax Attorney
- C & S Advisors Inc / Financial Planner
Property Details for 1025 Plain St
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.23 lot acres
- Property size
- 10,806 SF
- Zone code
- I-1
- Property type
- Office buildings
- APN
- MARS M:0C10 B:0001 L:007A
- APU
- MARSM0C10B0001L007A
Description
This exceptional commercial property, situated at 1025 Plain Street in Marshfield, Massachusetts, presents a compelling investment opportunity. Priced at $2,500,000, this general commercial building boasts a prime location just off Route 3, exit 27, and directly on the heavily trafficked Route 139, ensuring high visibility and accessibility for businesses. The property sits on a one-acre lot, offering ample space and potential for expansion or future development. The building's functional layout provides flexibility for a variety of commercial uses, catering to the needs of diverse tenants. Its strategic location offers tenants convenient access to a wealth of local amenities, including a variety of restaurants and shopping options, enhancing the overall appeal and convenience for employees and customers alike. The proximity to major transportation routes, including easy access to Route 3 and Route 139, provides excellent connectivity to the wider region. Furthermore, its location offers convenient access to Boston (28 miles) and Rhode Island (45 miles), making it an attractive option for businesses serving a broader market. This property represents a rare opportunity to acquire a well-situated commercial building with significant potential for growth and return on investment. The building's size is not specified in the provided information.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,862,000
- AI Estimate
- $1,551,000
Market price range: $1.23M - $3.40MMarket price range: $1.45M - $2.34M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,185,000 Current use
- RESTAURANT
- $2,850,000 Change: +31% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,455,000 Change: +12% Conversion: Difficult
- RETAIL STORES
- $2,240,000 Change: +3% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,235,000 Change: +2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,935,000 Change: -11% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Marshfield
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.7604
- Latitude
- 42.1067
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA