Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Showrooms

    278 Centre St, Quincy, MA 02169

    3,244 SF 0.19 ac lot Built 1970
    Individually Owned 30-yr Hold ~ Est. High Equity
    Property ID
    US38-0335626
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1970
    Construction FRAME
    Total area 3,244 SF
    Lot 0.19 ac (8,100 SF)
    Zoning code INDA
    APN QUIN M:3073 B:17 L:A
    UPID US38-0335626
    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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $680k
    Owner & transaction history
    Arpano Int · 30 yrs held
    Arpano Int
    since 1995
    2 recorded transactions
    1999
    1995
    $265,000
    Zoning & alternative use
    INDA · Quincy, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.0M +39.6%
    Retail stores $950,000 +26.6%
    Office building $850,000 +13.7%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message