700 Main St Sharon, MA 02067
- Super regional malls
- 104,221 SF
- 11.99 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 700 Main St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 11.99 lot acres
- Property size
- 104,221 SF
- Property type
- Super regional malls
- APN
- SHAR M:037 B:005 L:000
- APU
- SHARM037B005L000
Description
This exceptional 103,420 square foot retail center, situated on 9.94 acres at the I-95/South Main Street interchange in Sharon, MA (02067), presents a unique investment opportunity. Built in 1964 and renovated in 2019, the property boasts two single-story buildings with 11 suites, offering 5,000 square feet of immediately available space in various sizes ranging from 1,000 to 5,000 square feet. The center features 519 parking spaces and is conveniently located near the I-95 SW Cross Street. Strong anchor tenants include Shaw's, Liquor World, KinderCare, Dollar Tree, and Citizens Bank, ensuring a consistent flow of customers. The property is zoned BD-B and benefits from a high median household income of $143,000. Its strategic location within the I-95 Corridor South, specifically the Route 495 South submarket cluster, provides excellent visibility and accessibility. Furthermore, its adjacency to the future Sharon Gallery development, including a Costco and over 400 residential units, promises significant future growth and increased foot traffic. This Class B property offers a compelling blend of established tenancy and exciting future potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sharon
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2201
- Latitude
- 42.0942
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
