360 Monponsett St, Halifax, MA 02338-1334
This exceptional investment opportunity presents a unique blend of established businesses and rental income potential. Located at 360 Monponsett Street in Halifax, MA, this property boasts a prime location at the intersection of Routes 58 and 106, ensuring high visibility and traffic flow. The 0.92-acre lot (36,587 sq ft plus an additional 3,600 sq ft along the rear) provides ample space, including 47 paved parking spaces and a detached garage. The property includes Mea's Dairy Bar, a long-standing community fixture since the 1980s, currently operating as an ice cream parlor. Additional retail tenants occupy the space, including a tailor and a parts store. An apartment is currently vacant, offering immediate rental income potential. A passing Title V report is available. The property's strategic location near Walmart, a school, and numerous other businesses further enhances its desirability and investment potential. This is a rare chance to acquire a well-established, multi-faceted commercial property in a thriving area, offering a strong return on investment. The property is priced at $1,200,000.
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
Property description
Physical attributes from public recordsZoning & alternative use
CORNER · Halifax, MAHalifax. 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.