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Property profile & analytics
OFF-MARKET Estimated value $7,110,000
Retail space

160 Granite St Braintree, MA 02184-1747

33,012 SF 3.88 ac lot Built 1996
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US38-1298419
Property summary
AI-generated overview

This exceptional retail property, located at 160 Granite Street in Braintree, Massachusetts, offers a substantial 34,240 square feet of vacant space. The property is classified as street retail within a single-tenant building, presenting a unique opportunity for a business seeking a significant presence in a bustling commercial area. Situated in Norfolk County, with a zip code of 02184, this location benefits from excellent visibility and accessibility. The building's total square footage mirrors the vacant space, indicating a completely available space ready for immediate occupancy. The property type is retail, ideal for a wide range of businesses seeking a large footprint. The address is 160 Granite Street, Braintree, MA, providing a prominent location within the community. This single-tenant occupancy allows for complete control and customization of the space to meet specific business needs. The property's size and location make it an attractive option for businesses seeking to establish or expand their operations in a high-traffic area of Braintree. The coordinates for the property are latitude 42.2246233 and longitude -71.0290691. This property is currently available for lease.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction STEEL FRAME
Total area 33,012 SF
Lot 3.88 ac (169,013 SF)
Zoning code HBD
APN BRAI M:2056 B:0 L:6H
UPID US38-1298419
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
  • buybuy BABY (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.65M
Comparable Approach Comparable
$5.63M
Blend (final) Blend
$7.11M
Owner & transaction history
Edison Brma002 LLC · 6 yrs held
Edison Brma002 LLC
since 2019
6 recorded transactions
2022
Price N/A
2019
$7.0M
2011
$2.2M
2005
Price N/A
1997
$6.9M
1994
$3.3M
Zoning & alternative use
HBD · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is to provide highway business uses

Zone name Highway Business
General category COMMERCIAL
Zone area 942.14 ac
Source Realmo
Top alternative use upside
Auto repair, garage $10.6M +10.0%
Office building $9.7M +0.2%
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