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    OFF-MARKET
    Investment properties

    360 Monponsett St, Halifax, MA 02338-1334

    2,492 SF 0.84 ac lot Built 1949
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US38-2395559
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1949
    Construction FRAME
    Total area 2,492 SF
    Lot 0.84 ac (36,587 SF)
    Zoning code CORNER
    APN HALI M:52 P:28
    UPID US38-2395559
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Meas Realty LLC · 22 yrs held
    Meas Realty LLC
    since 2003
    2 recorded transactions
    2013
    2003
    $350,000
    Zoning & alternative use
    CORNER · Halifax, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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