35 Summer St Taunton, MA 02780-3469

Property Details for 35 Summer St

Year built

1989

Construction

FRAME

Lot size

0.35 lot acres

Property size

17,358 SF

Zone code

3.34

Property type

Office buildings

APN

TAUN M:66 L:246 U:

APU

TAUNM66L246U

Description

This exceptional investment opportunity presents two first-class office buildings totaling approximately 59,859 square feet situated on a 3.96-acre lot in Taunton, Massachusetts. The portfolio, comprised of two buildings constructed in 1988 and 1999, features a combined two stories and boasts an impressive 89% occupancy rate. The buildings are zoned for urban residential use and offer a diverse tenant base spanning state agencies, professional services, and medical practices. Strategically located off Route 44, with convenient access to Interstates 495, 24, and 49, this property enjoys high visibility and proximity to numerous amenities. The portfolio presents a strong in-place income stream and significant value-add potential, further enhanced by recent capital improvements. This is a rare opportunity to acquire a stabilized, high-performing office portfolio in a market experiencing above-average rent growth. The property addresses are 35 Summer Street and 21 Spring Street, Taunton, MA 02780, within Bristol County. The buildings offer functional, cost-effective space, making them an attractive option for a wide range of office users. This is a compelling investment opportunity with a solid foundation for future growth and profitability.

Location Insight

City

Taunton

County

Bristol

State

Massachusetts

Longitude

-71.0884

Latitude

41.9002

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments