631 Rathbun St Blackstone, MA 01504-2052
This exceptional commercial property located at 631 Rathbun, Blackstone, MA, presents a unique investment opportunity. Currently operating as an auto repair business, the 0.11-acre lot offers significant potential for continued use in the same industry or creative repurposing. The building itself is ready for immediate occupancy, providing a solid foundation for a thriving enterprise. The existing setup is well-suited for an auto repair business, with ample space for servicing vehicles. However, the property's versatility extends beyond its current configuration. The upper level presents significant expansion or repurposing potential, allowing for a variety of business ventures. This could include additional workspace, office space, or even residential conversion, subject to local zoning regulations. The asking price is $560,000. The seller is open to selling the property with or without the existing business and its fixtures, fittings, and equipment (FF&E). This flexibility allows for a tailored transaction to meet the specific needs and preferences of the buyer. The property's prime location in Blackstone, MA, offers excellent accessibility and visibility, ensuring a strong foundation for success. This is a rare opportunity to acquire a versatile commercial property with significant upside potential in a desirable location. Serious inquiries are encouraged to explore this promising investment. The square footage of the building is not currently available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.