278 Centre St, Quincy, MA 02169
For Sale
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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.
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Henderson Grealis & Taxsense Accounting Firm Tax Preparation
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Mystic massage Alternative Medicine Practice Spa & Massage Center
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Arpano Chiropractic Alternative Medicine Practice
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Studio Recording Studio
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Health Center Occupational Health Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INDA · Quincy, MAQuincy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.