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198 Parking Way 3,488 SF Retail Building Quincy, MA 02169 $995,000 ($285.26/SF)

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INVESTMENT HIGHLIGHTS

  • Adjacent to Routes 3 & 93
  • Currently use is educational.
  • Located in the heart of the redevelopment zone of downtown Quincy, with Hundreds of Millions of Public and private investment!

EXECUTIVE SUMMARY

Rarely offered freestanding building in the heart of downtown Quincy is new to the market. The property is located in the center of the downtown redevelopment zone adjacent to routes3 & 93 with a short walk to the Quincy center Redline MBTA station.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,488 SF
Building Class
C
Year Built
1950
Price
$995,000
Price Per SF
$285.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
BUSC - Downtown overlay Zone.
Parking
2 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
76’ on Parking Way

AMENITIES

  • Bus Line
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Eastern Bank
IHOP
Boston Market
Bank of America
Citizens Bank
Starbucks
Star Market
Five Star Pizza
Orangetheory Fitness
HarborOne Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
QUIN-001165-000044-B000001
Land Assessment
$302,600
Improvements Assessment
$544,100
Total Assessment
$846,700
  • Listing ID: 27570428

  • Date on Market: 1/23/2023

  • Last Updated:

  • Address: 198 Parking Way, Quincy, MA 02169

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