1517 Newman Ave, Seekonk, MA 02771
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LB · Seekonk, MASeekonk. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.