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Investment Highlights
- Immediate covered carry costs
- High-street downtown location
- Affluent high-income market
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for 44 Bay Road, a mixed-use asset located in the heart of downtown Hamilton, Massachusetts.
The building totals 3,672 square feet across two floors and is presently configured as a mixed-use asset. The second floor is currently occupied by three month-to-month
office tenants, providing immediate in-place income for future ownership. The ground-floor retail space is vacant, offering the flexibility to select a best-in-class tenant,
establish their own storefront operations, or execute a repositioning strategy tailored to downtown Hamilton’s evolving commercial landscape. This combination of
immediate cash flow and value-add optionality makes 44 Bay Road a compelling opportunity for both investors and owner-occupiers.
The property is being offered for sale without an asking price, with offers being accepted on a rolling basis.
The building totals 3,672 square feet across two floors and is presently configured as a mixed-use asset. The second floor is currently occupied by three month-to-month
office tenants, providing immediate in-place income for future ownership. The ground-floor retail space is vacant, offering the flexibility to select a best-in-class tenant,
establish their own storefront operations, or execute a repositioning strategy tailored to downtown Hamilton’s evolving commercial landscape. This combination of
immediate cash flow and value-add optionality makes 44 Bay Road a compelling opportunity for both investors and owner-occupiers.
The property is being offered for sale without an asking price, with offers being accepted on a rolling basis.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,672 SF
Building Class
C
Year Built/Renovated
1900/2025
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.08 AC
Zoning
B - Town Center - Depot Square Subdistrict
Parking
2 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
59’ on Railroad Avenue
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | HAMI-000061-000000-000030 | Improvements Assessment | $453,200 |
| Land Assessment | $321,000 | Total Assessment | $774,200 |
Property Taxes
Parcel Number
HAMI-000061-000000-000030
Land Assessment
$321,000
Improvements Assessment
$453,200
Total Assessment
$774,200
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