Property profile

1239 Washington St Weymouth, MA 02189

FOR LEASE
Office buildings
Property ID
US38-1697155
14,480 SF 0.74 ac lot Built 1967
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, 14,480-square-foot executive office building, situated on a 0.74-acre lot in Weymouth, Massachusetts, presents a unique leasing opportunity. Built in 1967 and extensively renovated in 2022, the Class B property boasts a completely modernized interior. Improvements include brand new windows, HVAC system, restrooms, sprinkler system, insulation, electrical upgrades, a new alarm system, and a refurbished elevator. The available space totals 2,961 square feet and is ready for tenant build-out to meet specific needs. The property features ample surface parking in a newly paved lot, providing convenient access for employees and clients. Benefit from excellent visibility and signage opportunities along busy Route 53, ensuring high brand exposure. The location offers easy access to Route 3, less than two miles away, providing convenient commuting options for employees and clients. This multi-tenant building is located at 1239 Washington Street, Weymouth, MA 02189, within Norfolk County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,480 SF
Lot 0.74 ac (32,196 SF)
Zoning code 100
APN WEYM M:35 B:446 L:021
UPID US38-1697155

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store Security Service
  • Security Service

Location

1239 Washington St Weymouth, MA 02189
Weymouth metro Census 422303 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.74M
Blend (final) Blend
$2.70M

Owner & transaction history

since 2016
3 recorded transactions
2021
Price N/A
2016
$1.3M
1987
Price N/A

Zoning & alternative use

100 · Weymouth, MA
Top alternative use upside
Retail stores $4.2M +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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