591 Washington St Whitman, MA 02382-1337
- Investment properties
- 21,320 SF
- 0.50 lot acres
Current Use by Public Records
- Investment properties
Property Details for 591 Washington St
- Year built
- 1880
- Construction
- FRAME
- Lot size
- 0.50 lot acres
- Property size
- 21,320 SF
- Zone code
- GB
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- WHIT M:0004 B:0048 L:5
- APU
- WHITM0004B0048L5
Description
The Jenkins Block, a prominent Whitman, MA landmark, presents a unique retail opportunity. This two-story, 21,320 square foot building, constructed in 1890 and extensively renovated in 2018, boasts a prime location at 591 Washington St, 02382. Currently, one street-level retail space of 2,150 square feet is available for lease within this multi-tenant property. The building is zoned for General Business use, offering excellent visibility and high foot traffic in Whitman's town center. Its convenient location provides easy access to the MBTA Commuter Rail and Route 27, a major east-west artery. The property's rich history and recent modernization combine to create a compelling opportunity for businesses seeking a high-profile location in a thriving community. The building's classic architecture and modern amenities offer a unique blend of character and functionality. Plymouth County location ensures access to a strong regional market. This is an exceptional chance to establish a presence in a well-established and easily accessible commercial area. The available space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a vibrant and visible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $385,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $390,000
- Mixed-Use
- $325,000
- Hospitality
- $325,000
- Educational
- $415,000
- Residential Income
- $355,000
- Energy
- $405,000
- Income-Based Land
- $430,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Whitman
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.9371
- Latitude
- 42.0811
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA