1515 Commercial St Weymouth, MA 02189
Property profile & analytics
1515 Commercial St Weymouth, MA 02189
- Retail space
- 15,814 SF
- 2.60 lot acres
Property ID
US38-1579177
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Old Country Pizzeria & Roast Beef / Restaurant
- MinuteClinic at CVS / Medical Clinic
- Santander Bank ATM / Atm
- CVS Photo / (Bike/Boat/Book/etc) Store
- CVS / Pharmacy
Property Details for 1515 Commercial St
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.60 lot acres
- Property size
- 15,814 SF
- Zone code
- 100
- Property type
- Retail space
- APN
- WEYM M:23 B:254 L:004
- APU
- WEYMM23B254L004
Description
This exceptional retail opportunity is situated at the highly visible intersection of Commercial and High Streets in Weymouth, Norfolk County. The property, part of a larger multi-tenant commercial building, offers 2,786 square feet of immediately available space within a total building area of 8,000 square feet. The space benefits from excellent street access and visibility, ensuring high foot traffic and potential for significant brand exposure. A key advantage is the strategic location next to a CVS Pharmacy, guaranteeing a steady flow of potential customers. The property also presents a valuable pylon signage opportunity, further enhancing its marketing potential and brand recognition. This space is ideal for a variety of retail businesses seeking a prominent location in a busy commercial area. The multi-tenant nature of the building provides a synergistic environment, attracting a diverse customer base. The available space is ready for immediate occupancy, allowing for a swift and efficient start to operations. This is a rare opportunity to secure a prime retail location in a thriving commercial district. Don't miss out on this chance to establish your business in a high-traffic, highly visible location. Contact us today to schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,485,000
- 6.5%
- $4,140,000
- 7%
- $3,845,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,566,000
Market price range: $1.32M - $2.57M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,575,000 Current use
- AUTO REPAIR, GARAGE
- $5,090,000 Change: +11% Conversion: Difficult
- OFFICE BUILDING
- $4,570,000 Change: -0% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $4,545,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Weymouth
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -70.9211
- Latitude
- 42.2156
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$62,615
$829,400
$3,019,100
$3,848,500
-
$0.00
$0.00
$0.00
