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Property profile & analytics
OFF-MARKET Estimated value $915,000
Super regional malls

599 Washington St Canton, MA 02021-3007

26,005 SF 2.43 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
Property ID
US38-1152879
Property summary
AI-generated overview

This exceptional commercial property, located at 595 Washington Street in Canton, Massachusetts, presents a unique investment opportunity. The single-story, 25,000 square foot building, constructed in 1968, sits on a generous 2.43-acre lot and is classified as Class B. Currently, 4,800 square feet of space is available, offering flexibility for a variety of uses, including retail and office. The minimum divisible space is 4,800 square feet, with a maximum contiguous space of 25,000 square feet, allowing for expansion or consolidation depending on tenant needs. The property features a total of five suites, providing options for multiple tenants or a single large occupant. Ample parking is available with 140 spaces. The building boasts 400 amp 3-phase power, ensuring sufficient capacity for most businesses. The property is zoned commercial and conveniently located near the intersection of Washington Street and Bolivar Street in Canton, MA 02021. Annual property taxes are $2.43 per square foot. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Canton market. The property's size and layout offer significant potential for redevelopment or repositioning. Don't miss this chance to acquire a substantial commercial property in a thriving Massachusetts community.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,005 SF
Lot 2.43 ac (105,851 SF)
Zoning code GR
APN CANT M:26 P:183
UPID US38-1152879
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
$985k
CAP Approach CAP
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$915k
Owner & transaction history
JPA 3 DEVELOPMENT LLC
JPA 3 DEVELOPMENT LLC
Zoning & alternative use
GR · Canton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

E. Restaurant Uses SR GR B CB LI LI (B) LI (C) I POS Restaurant or similar place for the service of food or beverages only to persons inside a completely enclosed building, with or without regular mechanical or live entertainment Outdoor dining allowed by special permit N N BA BA BA BA BA BA N Fast food establishment N N BA BA N N N BA N F. Commercial and Of…

Zone name General Residence
General category RESIDENTIAL
Zone area 361.54 ac
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