Property profile

462 Winthrop St Rehoboth, MA 02769

OFF-MARKET
Commercial real estate
Property ID
US38-0863439
2.86 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2nd-floor office suite, located at 462 Winthrop Street Unit 1B in Rehoboth, MA, presents a remarkable entrepreneurial opportunity. Situated within The Winthrop Commons on the high-traffic Route 44, this property boasts excellent visibility and accessibility, ideal for a diverse range of businesses. The 2.86-acre campus benefits from a dedicated landlord committed to maintaining a high standard of property upkeep, evident throughout the entire complex. The suite itself offers ample natural light and comprises six individual offices, providing flexibility for various team configurations or independent professionals. A dedicated conference room facilitates meetings and client presentations, while a welcoming reception area ensures a professional first impression. A convenient kitchenette and two bathrooms add to the functionality of the space. Two additional sizable rooms offer versatile storage solutions, potentially serving as a mailroom or file storage area. The property is available immediately, presenting a timely opportunity to establish or expand your business in a thriving commercial environment surrounded by other successful enterprises. This is a rare chance to secure a well-appointed, high-visibility office suite in a prime Rehoboth location. The asking price is $1500. The exact square footage is not specified.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.86 ac (124,469 SF)
APN REHO M:00032 B:00025
UPID US38-0863439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service Bakery
  • Pet Grooming Service
  • Gym & Fitness Center

Location

462 Winthrop St Rehoboth, MA 02769-1301
Rehoboth metro Census 633100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2018
7 recorded transactions
2018
$1.0M
2014
Price N/A
2006
$1
2004
$125,000
2004
$1
2004
$210,000
2004
$210,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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