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    FOR SALE
    Office buildings

    744 E Squantum St, Quincy, MA 02171

    2,760 SF 0.19 ac lot Built 1928
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US38-1253494
    Property summary
    AI-generated overview

    This exceptional 2,875 square foot Class C executive office building in Quincy, MA, is offered at $2,100,000, representing a 4.00% cap rate. Located at 744 E Squantum St, this single-story, 1928-built property sits on a 0.19-acre lot and boasts stunning Boston Harbor and Marina Bay water views. The building features 14 parking spaces, making it highly convenient for employees and clients. Currently 100% occupied with a lease expiring March 15, 2025, this NNN-leased multi-tenant property offers a strong investment opportunity. The interior is well-maintained, featuring durable multi-spec paint, walnut doors and trim, abundant natural light from numerous windows, and a functional layout including 18 cubicles with existing ethernet wiring and network infrastructure, four private offices, a conference room, a server room in the basement, and a fully equipped kitchen. Additional amenities include two bathrooms, a separate shower, and attractive exterior landscaping. The 2,800 square foot basement provides ample storage space. The property is zoned BUSBs and is ideal for medical, legal, accounting, or other professional office uses. A virtual tour is available.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1928
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,760 SF
    Lot 0.19 ac (8,403 SF)
    Zoning code BUSB
    APN QUIN M:6091 B:1 L:121
    UPID US38-1253494
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hernon Realty LLC · 3 yrs held
    Hernon Realty LLC
    since 2023
    Last sale
    $81,000
    7 recorded transactions
    2023
    2014
    2012
    2011
    2007
    2005
    2001
    Zoning & alternative use
    BUSB · Quincy, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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