22 Main St Marshfield, MA 02050
- Investment properties
- 4,576 SF
- 0.43 lot acres
Current Use by Public Records
- Willis Henry Auctions, Inc / Auction House
Property Details for 22 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.43 lot acres
- Property size
- 4,576 SF
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- MARS M:0G08 B:0005 L:0034
- APU
- MARSM0G08B0005L0034
Description
This exceptional Marshfield, MA property, located at 22 Main Street, presents a compelling investment opportunity for discerning buyers. Situated on a 0.43-acre lot, this property boasts significant recent upgrades, ensuring immediate operational efficiency and minimizing future capital expenditures. Improvements include brand new kitchens, a completely new roof, updated heating systems, fresh interior and exterior paint, and refinished flooring throughout. The electrical and plumbing systems have also undergone complete modernization. Importantly, this property is not located in a flood zone, eliminating the need for costly flood insurance. The property features ample parking, a key advantage in a high-traffic area where retail space and rental properties are in high demand. Two retail spaces are available, and potential tenants have already expressed interest, promising strong rental income potential. The estimated capitalization rate is 6.5% or better, making this a highly attractive investment. Open houses are scheduled for Saturday and Sunday, 1:00 PM to 3:00 PM, providing a perfect opportunity to view this exceptional property firsthand. Don't miss this chance to acquire a well-maintained, high-yield retail investment in a prime Marshfield location. The asking price is $1,094,995.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $420,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $360,000
- Mixed-Use
- $345,000
- Hospitality
- $390,000
- Educational
- $405,000
- Residential Income
- $350,000
- Energy
- $385,000
- Income-Based Land
- $345,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Marshfield
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.7177
- Latitude
- 42.0947
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
