4 Washington St Hanson, MA 02341
- Investment properties
- 4,084 SF
- 0.91 lot acres
Current Use by Public Records
- Leighton-Mac Kinnon Funeral / Funeral Home
- MacKinnon Funeral Homes and South Shore Cremation Service / Funeral Home
Property Details for 4 Washington St
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 0.91 lot acres
- Property size
- 4,084 SF
- Zone code
- 100
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- HANS M:92 B:0 P:6
- APU
- HANSM92B0P6
Description
This exceptional commercial property, located at 4 W Washington St in Hanson, MA, presents a unique investment opportunity. The building, currently operating as a funeral home, boasts over 4,000 square feet of well-maintained space. Its versatile layout offers significant potential for a variety of commercial uses, subject to necessary town approvals. The property sits on a sizable 0.91-acre corner lot at a busy intersection, ensuring high visibility and accessibility. The ample parking, with over 30 spaces, caters to both staff and customers. The building itself is in excellent condition, having undergone recent updates. This prime location in Hanson, MA, combined with the substantial square footage and convenient parking, makes this property an attractive prospect for entrepreneurs and investors seeking a strong foothold in a thriving community. The existing structure provides a solid foundation for a new venture, while the generous lot size allows for potential expansion or redevelopment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $750,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $485,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $470,000
- Mixed-Use
- $390,000
- Hospitality
- $460,000
- Educational
- $450,000
- Residential Income
- $445,000
- Energy
- $425,000
- Income-Based Land
- $475,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Hanson
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.8836
- Latitude
- 42.0745
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA