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Investment Highlights

  • VERSATILE ZONING
  • ABSOLUTE NNN LEASE
  • OUTSTANDING BRANCH DEPOSITS
  • WOLLASTON URBAN REVITALIZATION DISTRICT
  • STRONG DEMOGRAPHICS

Executive Summary

Horvath & Tremblay is pleased to offer for sale or lease the Eastern Bank investment property located at 34 Chapman Street in Quincy, Massachusetts (the “Property”). Eastern Bank has an Absolute NNN Lease that has less than 1 year of term remaining. Eastern Bank has given notice that it will not renew its lease and will vacate at the end of the term. The Property is zoned Business C, one of the most versatile zoning designations in Quincy. 34 Chapman Street offers the opportunity to re-tenant the Property, redevelop the Property, or to use the Property as an owner-user opportunity.
Eastern Bank occupies a prominent corner parcel at the intersection of Chapman Street and Clay Street in Wollaston, one of Quincy’s densely populated and well-established residential neighborhoods. The Property benefits from excellent visibility and accessibility and is located directly across from CVS, just moments from Hancock Street and Newport Avenue, two of the area’s primary commercial and commuter corridors.
The location is approximately 0.2 miles from Wollaston Station and within walking distance of several MBTA bus stops, providing convenient public transportation access throughout the South Shore and into Boston. The Property also offers quick access to Interstate 93, enhancing regional connectivity for commuters and local residents alike. Positioned near the center of Quincy and close to Wollaston Beach, the Property benefits from proximity to major employment hubs along the South Shore and in Downtown Boston, supporting strong daily traffic patterns and long-term location appeal.

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Bank
Building Size
2,372 SF
Building Class
C
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.24 AC
Zoning
BUSC
Frontage
48’ on Chapman St

Amenities

  • Bus Line
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • Aug 2026

Eastern Bank began in 1818 as Salem Savings Bank, making it one of New England's oldest financial institutions. After transitioning to a mutual holding company structure in 1989, it expanded through strategic acquisitions throughout the 1990s. The bank offers consumer banking, business solutions, wealth management through Cambridge Trust, and insurance services. While maintaining its Massachusetts roots, Eastern Bank has grown into a significant regional player through both organic growth and mergers. The company serves diverse communities with retail branches and commercial services across multiple states.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - Aug 2026

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,372 SF
  • Retail
  • -
  • Sep 2026
Space Size Space Use Position Available
1st Floor 2,372 SF Retail - Sep 2026

1st Floor

Size
2,372 SF
Space Use
Retail
Position
-
Available
Sep 2026
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

Santander
Bank of America
Citizens
Rockland Trust Company
Anytime Fitness
99 Ranch Market
Stop & Shop
Bonchon
Ninety Nine Restaurant & Pub
TD Bank

Property Taxes

Property Taxes

Parcel Number
QUIN-005092-000053-000084
Land Assessment
$204,000
Improvements Assessment
$890,600
Total Assessment
$1,094,600
  • Listing ID: 40958767

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 34 Chapman St, Quincy, MA 02170

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