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    Property profile & analytics
    OFF-MARKET Estimated value $940,000
    Super regional malls

    140 Franklin St, Holbrook, MA 02343-1170

    31,920 SF 1.69 ac lot Built 2007
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US38-1399309
    Property summary
    AI-generated overview

    This exceptional two-story, 31,920 square foot mixed-use building presents a lucrative investment opportunity in Holbrook, Massachusetts. Located in the vibrant Town Center Overlay District with Business II zoning, this multi-tenant property offers unparalleled flexibility. Currently at 50% occupancy, the fourteen units are ideally suited for a variety of uses, including medical offices, storefronts, and traditional office spaces. The asking price is $5,000,000, translating to $156.64 per square foot. The property's prime location ensures high visibility and accessibility, attracting significant foot traffic. Its adaptability allows for diverse income streams, making it perfect for investors seeking a blend of retail, office, and potentially residential components. The net lease structure provides a straightforward investment model. This is a rare chance to acquire a well-positioned commercial property in a thriving Massachusetts town center, offering substantial potential for future growth and return on investment. The property is situated at 140 N Franklin St, Holbrook, MA 02343.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 2007
    Construction STEEL FRAME
    Total area 31,920 SF
    Lot 1.69 ac (73,616 SF)
    Zoning code TC
    APN HOLB M:15 L:024-00-0
    UPID US38-1399309
    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
    • Emerging Academy Daycare Center
    • Bounce On Us Party Rental Party Supply Store Rental Equipment Company
    • En Pointe Dance Academy Theater & Performing Art Venue Training Center
    • Senior Equity Financial Inc Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $965k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $917k
    Blend (final) Blend
    $940k
    Owner & transaction history
    Abc Commercial Properties · 12 yrs held
    Abc Commercial Properties
    since 2014
    4 recorded transactions
    2014
    $3.8M
    2007
    2005
    2000
    $115,000
    Zoning & alternative use
    TC · Holbrook, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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