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Property profile & analytics

278 Centre St Quincy, MA 02169

  • Showrooms
  • 3,244 SF
  • 0.19 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-0335626
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Henderson Grealis & Taxsense / Accounting Firm / Tax Preparation
  • Mystic massage / Alternative Medicine Practice / Spa & Massage Center
  • Arpano Chiropractic / Alternative Medicine Practice
  • Studio / Recording Studio
  • Health Center / Occupational Health Service

Property Details for 278 Centre St

Year built
1970
Construction
FRAME
Lot size
0.19 lot acres
Property size
3,244 SF
Zone code
INDA
Property type
Showrooms
APN
QUIN M:3073 B:17 L:A
APU
QUINM3073B17LA

Description

This exceptional free-standing medical/office building at 278 Centre St, Quincy, MA, presents a unique investment opportunity. Boasting 0.19 acres of land, this multi-level property offers high visibility and unparalleled highway access via Routes 3, 93, and 95. Its convenient location is just 0.4 miles from Quincy Adams Station and 1.2 miles from Quincy Center, ensuring excellent accessibility for both staff and clients. The building features versatile floor plans, including open-concept reception areas and private restrooms on each floor. The top unit includes an additional bathroom with a stand-up shower. Currently configured to accommodate medical professionals, the space is ideal for a variety of uses, including personal trainers, health-related professionals, spas, and veterinary practices. Note the planned dog park directly across the street, presenting a significant advantage for pet-related businesses. Additional street parking is available, and there's a potential option to expand the existing lot. The property benefits from the addition of over 300 residential units currently under construction across the street, promising increased foot traffic and potential clientele. The seller is offering both a lease option and the possibility of a sale. Lease options include the entire building for $8500 per month, individual floors (floors 1 & 2 at $4500 each, and the top floor with basement at $5000), or individual units. The current tenants include a chiropractic office and a spa/massage therapy business. The owner may assist with build-out for new tenants. Condo conversion plans are also available. The asking price for the property is $1,420,000.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $750,000
    Current use
    AUTO REPAIR, GARAGE
    $1,045,000
    Change: +40% Conversion: Difficult
    RETAIL STORES
    $950,000
    Change: +27% Conversion: Easy
    OFFICE BUILDING
    $850,000
    Change: +14% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Quincy
County
Norfolk
State
Massachusetts
Longitude
-71.0135
Latitude
42.2367
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,594
$219,200
$564,500
$783,700
-
$0.00
$0.00
$0.00
More about this property
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