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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Super regional malls

    1517 Newman Ave, Seekonk, MA 02771

    7,592 SF 0.79 ac lot Built 1984
    Entity Owned Free & Clear
    Property ID
    US38-1055110
    Property summary
    AI-generated overview

    This exceptional commercial investment opportunity presents two buildings totaling approximately 7,592 square feet situated on a 0.79-acre lot at a prime Seekonk location—the Bakers Four Corners intersection of Newman Avenue and Central Avenue. Built approximately 53 years ago by the original owner, this property offers eight individual retail units, each equipped with separate gas and electric meters, providing tenants with independent utility control and cost management. The front building encompasses roughly 3,536 square feet and is divided into three tenant spaces, while the rear building offers approximately 4,056 square feet, subdivided into five tenant spaces. The property benefits from high visibility due to its strategic location at a well-trafficked intersection, ensuring significant exposure for tenants. Ample on-site parking is available for both tenants and customers, enhancing convenience and accessibility. This rare offering presents a unique chance to acquire a well-established, multi-tenant commercial property with significant potential for long-term income generation and appreciation. The property's established tenant base and prime location make it an attractive investment for both seasoned and emerging commercial real estate investors. The individual unit layouts and lease terms are available upon request. This is a truly exceptional opportunity not to be missed.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1984
    Total area 7,592 SF
    Lot 0.79 ac (34,238 SF)
    Zoning code LB
    APN SEEK M:0290 B:0000 L:00650
    UPID US38-1055110
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $987k
    Blend (final) Blend
    $825k
    Owner & transaction history
    1517 Newman Ave LLC
    1517 Newman Ave LLC
    since 2025
    5 recorded transactions
    2025
    $700,000
    2021
    2003
    1997
    1992
    Zoning & alternative use
    LB · Seekonk, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.4M +16.5%
    Retail stores $1.2M +7.4%
    Apartment house (5+ units) $1.2M +4.8%
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