700 Main St, Sharon, MA 02067-2841
- 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 type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- SHAR M:037 B:005 L:000
- APU
- SHARM037B005L000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 23, 2021 | — | 700 Main St LLC | — | Deed · related | $5.4M · Digital FCU |
| Aug 30, 2018 | $5,932,500 | 700 Main Street LLC | Gccfc 2005 Gg5 S Main | Quit Claim Deed · related | — |
| Aug 4, 2005 | $7,332,360 | Sharon Retail Prtnr Ll | Sharon Inv Prtnrs LLC | Deed | $9.5M · Greenwich Capital Fin |
| Aug 4, 2005 | $1 | Sharon Retail Prtnr LLC | Sharon Inv Prtnrs LLC | Grant Deed · related | — |
| Jun 9, 2003 | $7,250,000 | Residential Pro Simeone | Sharon Plz Assoc LLC | Grant Deed | $5.8M · Boston Private Bank |
| Oct 16, 1998 | $3,800 | Sharon Plaza Assoc LLC | Trnscntnentl Rlty Inv | Grant Deed | — |
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 Estimations
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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
