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87 Winthrop St 5,776 SF Retail Building Rehoboth, MA 02769 $650,000 ($112.53/SF)
Investment Highlights
- High visibility location
- Recent renovations
- Deleaded residential unit
Executive Summary
Opportunity awaits! Looking for a MIXED-USE property with fabulous visibility? This one is a must-see! Downstairs, find a 3300+ sf commercial space with 4 egresses, making subdivision possible. An 8’ internally lit 2-sided sign on Rt 44 draws attention from the 10-15K cars that pass by daily. The open layout includes a great room w/ cathedral ceilings, stone fireplace, hardwood floors, 3 ceramic tiled baths (2 full w/ new, large fiberglass shower enclosure, other w/ laundry hookup), records room, back office, 4 additional rooms (2 w/ closets) & tiled workshop for infinite possibilities. Upstairs, use the 4-bed DELEADED apartment with separate utilities to generate additional income! Building features vinyl siding and ADA compliant ramp. Newer septic system, windows, roof, carpeting, basement structure, appliances, central AC & furnace, hot water heaters & water treatment system. Formal parking for 20 vehicles w/ potential for many more. 1 acre lot provides room for future expansion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,776 SF
Building Class
B
Year Built/Renovated
1940/2020
Price
$650,000
Price Per SF
$112.53
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.00 AC
Zoning
MU - Mixed use
Parking
16 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
124’ on Winthrop St
Amenities
- Fireplace
- Signage
- Wheelchair Accessible
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | REHO-000047-000000-000017 | Improvements Assessment | $399,300 |
| Land Assessment | $135,000 | Total Assessment | $534,300 |
Property Taxes
Parcel Number
REHO-000047-000000-000017
Land Assessment
$135,000
Improvements Assessment
$399,300
Total Assessment
$534,300
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87 Winthrop St
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