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    Property profile & analytics
    OFF-MARKET Estimated value $575,000
    Office buildings

    233 Water St, Plymouth, MA 02360-4041

    2,876 SF 0.27 ac lot Built 1900
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-0808873
    Property summary
    AI-generated overview

    This exceptional 5,766 square foot free-standing building at 233 Water Street in Plymouth, MA, presents a unique opportunity for medical or office users. Situated on a 0.27-acre lot, this property boasts stunning ocean views, particularly from the second floor. Previously utilized as a dental office, the layout is well-suited for a variety of professional uses. The building features a spacious waiting area, a reception desk, and multiple private offices, all designed to provide a comfortable and productive work environment. The building's prime waterfront location in Plymouth offers excellent visibility and accessibility. The ample square footage allows for flexibility in configuring the space to meet specific business needs. This is an ideal location for a practice seeking a prominent presence in a desirable coastal community. The property's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. The building's design and location combine to create a professional and inviting atmosphere, perfect for attracting and retaining clients. This is a rare opportunity to acquire a well-maintained, ocean-view commercial property in a thriving coastal town. The property is priced at $20 million.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction FRAME
    Total area 2,876 SF
    Lot 0.27 ac (11,739 SF)
    Zoning code WF
    APN PLYM M:0012 B:0000 L:0037
    UPID US38-0808873
    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
    • Dr. Brian Schmid Dental Office
    • Dr. Stephen Kerr Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $525k
    Blend (final) Blend
    $575k
    Owner & transaction history
    Gg Eastham LLC · 7 yrs held
    Gg Eastham LLC
    since 2019
    3 recorded transactions
    2019
    2013
    2005
    $6.0M
    Zoning & alternative use
    WF · Plymouth, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $595,000 +4.8%
    Auto repair, garage $595,000 +4.4%
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