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    Property profile & analytics
    OFF-MARKET Estimated value $515,000
    Commercial real estate

    218 Schoosett St, Pembroke, MA 02359-1822

    3,444 SF 1.13 ac lot Built 1924
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US38-1567690
    Property summary
    AI-generated overview

    This exceptional commercial property in Pembroke, Massachusetts, presents a unique investment opportunity. Situated on a 1.13-acre lot with approximately 244 feet of frontage on Route 139, this property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business. The property comprises two buildings, offering versatile space suitable for a variety of uses. Permitted zoning includes Business District B and any use allowed in Residential District A, providing significant flexibility for potential buyers. Town water and a private septic system are in place. Ideal uses include, but are not limited to, retail spaces, professional offices, light industrial operations, educational facilities, religious institutions, or a combination thereof. The high traffic count and prominent location make this property an attractive prospect for businesses seeking increased visibility and accessibility. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant development potential. The ample lot size allows for expansion or future development, further enhancing its investment value. Don't miss this chance to secure a prime commercial property in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1924
    Construction FRAME
    Total area 3,444 SF
    Lot 1.13 ac (49,221 SF)
    APN PEMB M:E14 P:131
    UPID US38-1567690
    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
    • Cape Cod Fireplace Shop,Inc. Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $510k
    Comparable Approach Comparable
    $511k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Robert P Jones · 1 yrs held
    Robert P Jones
    since 2024
    2 recorded transactions
    2024
    2001
    $325,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $715,000 +13.9%
    Auto repair, garage $710,000 +13.6%
    Office building $695,000 +10.9%
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