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    FOR LEASE
    Office buildings

    68 Evergreen St, Kingston, MA 02364

    12,610 SF 1.97 ac lot Built 2007
    Individually Owned ~ Est. High Equity
    Property ID
    US38-0260894
    Property summary
    AI-generated overview

    68 Evergreen Street presents a unique investment opportunity in the thriving town of Kingston, MA. This exceptional 18,975 square foot, two-story building boasts a desirable location with excellent curb appeal and professional landscaping. The property features prominent Evergreen Street signage, ensuring high visibility and attracting potential clients. Inside, tenants enjoy the convenience of an elevator and two sets of common-area bathrooms. Each office is equipped with state-of-the-art utilities and abundant natural light, creating a comfortable and productive work environment. The diverse tenant base currently includes a CPA, wealth advisor, lawyer, physical therapist, and others, demonstrating the building's appeal and strong occupancy. This multi-tenant property is ideally suited for a variety of professional uses, including medical practices, professional offices, growing small businesses, or even daycares and preschools. The 1.97-acre lot provides ample space and parking. The building's location within the Town Center District offers versatile zoning options, allowing for flexibility and future expansion possibilities. This is a rare chance to acquire a well-established, income-producing property in a highly sought-after coastal community. The asking price is $1,875,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2007
    Construction FRAME
    Total area 12,610 SF
    Lot 1.97 ac (85,813 SF)
    APN KING M:0036 B:0122
    UPID US38-0260894
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.03M
    Blend (final) Blend
    $940k
    Owner & transaction history
    Ten Twenty-eight Holdigs
    Ten Twenty-eight Holdigs
    since 2025
    7 recorded transactions
    2025
    $1.7M
    2013
    $750,000
    2008
    2007
    $775,000
    2007
    $720,000
    2005
    $610,000
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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