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Outstanding Opportunity for Multiple Uses 32 Schoosett St 20,000 SF Retail Building Pembroke, MA 02359 $4,500,000 ($225/SF)



Investment Highlights
- Fully Functional Auto Dealership and Service Center - Transferrable Class 2 License for Sale of 169 Vehicles
- Partially Renovated ~ New Roof, Modern Super Showroom, Service Area with 6 Lifts, including a Hunter alignment machine, Auto Detailing etc.
- Many and Varied Uses Allowed by Right including Light Industrial, Retail, Storage, and any Uses allowed in Residential District A see attached Zoning
- Outstanding Location ~ Between Rt 3 and 53 - Excellent Visibility and Highway Access
- 2.3 Acre Lot ~ Fits Approx. 250 Cars
- Other uses allowed by Special Permit include Outdoor Storage, Restaurant, Indoor Commercial Recreation, Pet Service Facilities etc. see Zoning
Executive Summary
An exceptional opportunity to acquire a fully operational pre-owned auto dealership and service center or utilize this property for many other uses allowed by right. Located at 32 Schoosett St., Pembroke, MA. This 20,000 sq ft facility has been partially renovated and is licensed for the sale of 169 vehicles. The property features a modern showroom, a service shop equipped with 6 lifts, including a Hunter alignment machine, a full car detailing area, new roof, updated bathrooms, and a conference area. Situated on 2.3 acres in Business District B zoning, the site offers excellent visibility and frontage on Route 139, just minutes from Routes 3 and 53.
Also many Industrial, Retail and Residential uses allowed by Right. See Zoning chart attached.
BUSINESS DISTRICT B
A. Uses Allowed
1. A church, municipal, or civic use.
2. Institutions for educational, religious, or philanthropic use.
3. Business, financial, governmental, insurance, medical, professional, real estate,
fitness/health centers, or similar office use, hotel, convention center and their
ancillary services.
4. Retail stores for the sale of goods provided that any permitted outdoor display,
storage, or sale of merchandise is conducted no closer than 40' of the way line.
5. Light industry, including fabrication, assembly, finishing, packaging or research, to
include the manufacture, assembly, and packaging of merchandise.
6. Offices and clinics for medical, psychiatric and similar health services, and their related laboratories, for the examination and treatment of persons as outpatients.
7. Laboratories and research facilities provided that any related manufacturing or processing occupies no more than twenty-five percent of the gross floor area.
8. Banks or similar financial institutions.
9. Places of assembly.
10. Only currently existing residences.
11. Sanitary landfill operations and all other methods for the disposal, treatment, or
processing of trash, refuse, debris, or other rubbish material are not deemed to be light industry within the meaning of this bylaw and shall not qualify herein as either an allowed use or a permitted use.
12. Personal Services
13. Any use allowed in Residence District A.
Also many Industrial, Retail and Residential uses allowed by Right. See Zoning chart attached.
BUSINESS DISTRICT B
A. Uses Allowed
1. A church, municipal, or civic use.
2. Institutions for educational, religious, or philanthropic use.
3. Business, financial, governmental, insurance, medical, professional, real estate,
fitness/health centers, or similar office use, hotel, convention center and their
ancillary services.
4. Retail stores for the sale of goods provided that any permitted outdoor display,
storage, or sale of merchandise is conducted no closer than 40' of the way line.
5. Light industry, including fabrication, assembly, finishing, packaging or research, to
include the manufacture, assembly, and packaging of merchandise.
6. Offices and clinics for medical, psychiatric and similar health services, and their related laboratories, for the examination and treatment of persons as outpatients.
7. Laboratories and research facilities provided that any related manufacturing or processing occupies no more than twenty-five percent of the gross floor area.
8. Banks or similar financial institutions.
9. Places of assembly.
10. Only currently existing residences.
11. Sanitary landfill operations and all other methods for the disposal, treatment, or
processing of trash, refuse, debris, or other rubbish material are not deemed to be light industry within the meaning of this bylaw and shall not qualify herein as either an allowed use or a permitted use.
12. Personal Services
13. Any use allowed in Residence District A.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1968
Price
$4,500,000
Price Per SF
$225
Tenancy
Single
Building Height
2 Stories
Loading Docks
11 Exterior
Building FAR
0.20
Lot Size
2.30 AC
Zoning
Business District B - Business District B: Automotive Sales, Service, etc. Retail, Light Industrial, Contractor Showroom, Assembly Packaging, Residential District A etc.
Parking
200 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
250’ on Schoosett Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 32 Schoosett Llc
- -
- -
- -
- -
- McGee Pre-Owned Superstore
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 32 Schoosett Llc | - | - | - | - | ||
| McGee Pre-Owned Superstore | Wholesaler | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | PEMB-000014D-000000-000005A | Improvements Assessment | $1,002,900 |
| Land Assessment | $926,700 | Total Assessment | $1,929,600 |
Property Taxes
Parcel Number
PEMB-000014D-000000-000005A
Land Assessment
$926,700
Improvements Assessment
$1,002,900
Total Assessment
$1,929,600
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Outstanding Opportunity for Multiple Uses | 32 Schoosett St
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