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2230 State Rd 3,636 SF 100% Leased Retail Building Plymouth, MA 02360 $1,300,000 ($357.54/SF) 5.25% Cap Rate
Executive Summary
This 3,636 SF two-tenant retail building offers stable, long-term tenancy and strong local brand recognition in one of the South Shore’s most traveled corridors. 2230 State Rd is fully occupied by two beloved long-term tenants: Rose & Vicki’s, a local pizza favorite, and Rock Bottom, a classic seafood destination. Both tenants have served the Plymouth community for more than 20 years, providing a reliable and seasoned income stream.
Situated on a highly visible stretch of Route 3A, the building benefits from excellent frontage, steady year-round traffic, and convenient on-site parking.
Situated on a highly visible stretch of Route 3A, the building benefits from excellent frontage, steady year-round traffic, and convenient on-site parking.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,636 SF
Building Class
C
Year Built
1983
Price
$1,300,000
Price Per SF
$357.54
Cap Rate
5.25%
NOI
$68,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.04 AC
Zoning
GC - General Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | PLYM-000054-000000-000013 | Improvements Assessment | $564,000 |
| Land Assessment | $612,900 | Total Assessment | $1,176,900 |
Property Taxes
Parcel Number
PLYM-000054-000000-000013
Land Assessment
$612,900
Improvements Assessment
$564,000
Total Assessment
$1,176,900
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2230 State Rd
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