Property profile

250 Granite St Braintree, MA 02184

OFF-MARKET
Super regional malls
Property ID
US38-1883836
126,000 SF Built 1978
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,344 square foot retail or restaurant space is ideally situated at 250 Granite Street in Braintree, Massachusetts, within the bustling South Shore Plaza area. The entire space is currently vacant, presenting a unique opportunity for a new tenant to establish a prominent presence in a high-traffic location. Previously occupied by a Red Robin restaurant, the property boasts a well-established layout suitable for a variety of food service or retail concepts. The building's prime location within Norfolk County ensures excellent visibility and accessibility for customers. The address, 250 Granite Street, Braintree, MA 02184, offers convenient access to major roadways and ample parking, further enhancing its appeal to both businesses and consumers. The property's size and layout provide significant flexibility for customization to meet the specific needs of a new tenant. This is a rare opportunity to secure a highly visible and well-located commercial space in a thriving retail environment. The property is classified as a single-tenancy building, offering exclusive use of the entire 4,344 square feet. This turnkey space is ready for immediate occupancy, allowing for a swift and efficient transition for the new business. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1978
Construction STEEL FRAME
Total area 126,000 SF
Zoning code HBD
APN BRAI M:2089 B:0 L:21
UPID US38-1883836

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Electronics & Wireless Store
  • Computer & Electronic Repair Tech Support Center
  • Home Appliance Store
  • Home Appliance Store

Location

250 Granite St Braintree, MA 02184-2804
Braintree metro Census 419100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.62M
Blend (final) Blend
$2.61M

Owner & transaction history

Zoning & alternative use

HBD · Braintree, MA
Zoning description

The purpose of this district is to provide highway business uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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