Property summary
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
VerifiedCap rate & NOI
Current use
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Daycare Center
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Party Supply Store Rental Equipment Company
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Theater & Performing Art Venue Training Center
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Financial Advisor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
TC · Holbrook, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for TC in Holbrook, MA.
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Find the owner behind the property.
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