Property profile

95 Washington St Canton, MA 02021

FOR LEASE
Commercial real estate
Property ID
US38-1934548
64,689 SF 24.6 ac lot Built 1968
Individually Owned 27-yr Hold Free & Clear
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Property summary

AI-generated overview

The Village Shoppes of Canton presents a unique opportunity for retail businesses seeking high-visibility locations within a thriving community. This premium outdoor shopping center, situated at the crossroads of Canton, Sharon, and Stoughton in the Cobbs Corner submarket of Boston, serves as the area's central hub. Boasting over 40 established retail stores and restaurants, the center enjoys exceptional foot traffic and brand recognition. Currently, there are five available spaces ranging from a minimum of 995 square feet to a maximum contiguous space of 22,903 square feet, offering flexibility for various business needs. The total building size is an impressive 282,800 square feet, with 34,250 square feet currently vacant. This presents a rare chance to establish or expand a business within a well-established and highly successful retail environment. The property's strategic location ensures maximum exposure to a diverse customer base, making it an ideal investment for businesses seeking significant growth potential. The diverse tenant mix already in place creates a synergistic environment, attracting a wide range of shoppers. This is a truly exceptional opportunity to become part of a vibrant and successful retail destination in the heart of a bustling community. Contact us today to learn more about the available spaces and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 64,689 SF
Lot 24.6 ac (1,071,576 SF)
Zoning code I
APN CANT M:23 P:6
UPID US38-1934548

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Courier Service Postal Service
  • Specialty Food Shop Candy Store
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant

Location

95 Washington St Canton, MA 02021
Canton metro Census 415104 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.62M
Comparable Approach Comparable
$12.39M
Blend (final) Blend
$12.29M

Owner & transaction history

since 1999
2 recorded transactions
2022
Price N/A
1999
$6.2M

Zoning & alternative use

I · Canton, MA
Zoning description

ure is more than fifteen (15) feet higher than the upper elevation of the building and the total horizontal coverage of such structures on the building does not exceed twenty-five (25) percent. 4.3.4 Exception for LI or…

General category INDUSTRIAL
Top alternative use upside
Retail stores $18.9M +14.4%
Apartment house (5+ units) $18.6M +12.3%
Office building $18.3M +10.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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