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    Property profile & analytics
    OFF-MARKET Estimated value $605,000
    Office buildings

    8 Pembroke St, Kingston, MA 02364-1109

    3,271 SF 0.43 ac lot Built 1900
    Individually Owned 38-yr Hold ~ Est. High Equity
    Property ID
    US38-2508025
    Property summary
    AI-generated overview

    This exceptional Kingston commercial property, situated on a 0.43-acre lot at 8 Pembroke Street, presents a unique investment opportunity. The two-story building, boasting over 3200 square feet, enjoys high visibility from both Route 27 (Pembroke Street) and Route 106 (Wapping Road), ensuring excellent exposure for any business. Originally constructed and then significantly expanded and remodeled in 1992, the building has been meticulously maintained for over 30 years by its current owner. The interior currently features a flexible layout with 10+ office spaces, providing ample room for various configurations. Two half-baths are conveniently located on both floors. Accessibility is ensured through handicap-accessible features. The building benefits from modern amenities including natural gas heat, central air conditioning, town water and sewer connections, vinyl siding, thermal windows, and carpeted floors throughout. Ample paved parking is available on-site. Its prime business location offers easy access to major highways and local amenities, making it ideal for a wide range of professional uses, including but not limited to attorneys, doctors, dentists, and other professional services. This is a rare opportunity to acquire a well-established and highly visible commercial property in a thriving Kingston business district.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction FRAME
    Total area 3,271 SF
    Lot 0.43 ac (18,730 SF)
    APN KING M:0045 B:0008
    UPID US38-2508025
    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
    $590k
    Blend (final) Blend
    $605k
    Owner & transaction history
    Twenty Seven RT · 38 yrs held
    Twenty Seven RT
    since 1988
    7 recorded transactions
    2021
    2017
    2008
    1995
    1989
    1989
    1988
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $680,000 +2.7%
    Auto repair, garage $675,000 +2.4%
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