68 Evergreen St, Kingston, MA 02364
For Lease
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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.
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
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.