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    Property profile & analytics
    OFF-MARKET Estimated value $1,005,000
    Retail space

    121 Standish Ave, Quincy, MA 02170-2611

    2,655 SF 0.06 ac lot Built 1940
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0220248
    Property summary
    AI-generated overview

    This exceptional commercial property at 121 Standish Ave, Quincy, MA presents a unique investment opportunity. Situated on a 0.06-acre lot, this property offers a blend of immediate income and significant future potential. Currently featuring one commercial unit operating under a net-net-net (NNN) lease, providing a stable income stream, and an additional vacant unit, this property is ideally positioned for growth. The location is highly desirable, less than a mile from the Wollaston T Station and Quincy's vibrant Hancock Street, placing it within easy reach of Quincy Center's thriving business and retail district. Its excellent visibility and accessibility make it an attractive proposition for a variety of uses. The property's zoning allows for both commercial use and redevelopment, opening up exciting possibilities. Envision a mixed-use development, a larger commercial facility, or even a residential condominium project on this strategically located site. This property offers a compelling combination of immediate return on investment through the existing NNN lease and substantial long-term growth potential through redevelopment. The proximity to public transportation and Quincy's robust economy further enhances its appeal. Don't miss this chance to acquire a prime commercial property in a rapidly developing area. The asking price is $1,280,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1940
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,655 SF
    Lot 0.06 ac (2,820 SF)
    Zoning code BUSB
    APN QUIN M:5085 B:23 L:95
    UPID US38-0220248
    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
    • Everest Market Convenience Store Grocery & Convenience Store
    • UPS Access Point location Courier Service Postal Service
    • Unbank Bitcoin ATM Atm
    • A Kool Solution LLC Engineering Consultant Banking And Finance
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.12M
    CAP Approach CAP
    $660k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.01M
    Owner & transaction history
    121 Standish Realty LLC · 4 yrs held
    121 Standish Realty LLC
    since 2021
    Last sale
    $938,000
    7 recorded transactions
    2021
    $938,000
    2020
    2016
    2010
    2010
    $230,000
    2009
    $230,000
    2006
    $310,000
    Zoning & alternative use
    BUSB · Quincy, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $855,000 +7.2%
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