19 Park St Attleboro, MA 02703-2301
Property summary
This exceptional mixed-use property, located at 19 Park Street in Attleboro, Massachusetts, presents a compelling redevelopment opportunity. The 44,580 square foot building, constructed in 1938 and renovated in 1980, boasts a prime location in Attleboro's revitalizing downtown area, conveniently situated near the commuter rail. Currently operating at 75% occupancy, the five-story building is zoned for general business use and previously had approvals for conversion into a 23-unit multifamily complex with ground-floor commercial space. This represents a significant opportunity for investors seeking to capitalize on the growing demand for housing and commercial space in this vibrant Massachusetts community. The property is being sold as a package with 44 Park Street, offering an expanded development potential. The asking price is $2,900,000, translating to $65.05 per square foot. With its proximity to the commuter rail, providing easy access to Boston within 40 minutes, and its walkable location near restaurants, shops, and parks, this property offers a unique blend of investment potential and lifestyle appeal. The single building offers significant upside for a savvy investor looking to contribute to Attleboro's ongoing transformation. The property's existing infrastructure and approved plans provide a solid foundation for a swift and efficient redevelopment project.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The CB zoning district is established to accommodate a wide variety of commercial uses as well as mixed–use and residential uses, which will result in an intensive use of the City’s central business district.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CB · Attleboro, MAThe CB zoning district is established to accommodate a wide variety of commercial uses as well as mixed–use and residential uses, which will result in an intensive use of the City’s central business district.
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for CB in Attleboro, MA.
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