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878-882 East St 2,350 SF 100% Leased Retail Building Dedham, MA 02026 $3,800,000 ($1,617.02/SF)



Investment Highlights
- Corner Lot
Executive Summary
INCREDIBLE LOCATION!! This sale includes two properties, a well-established family owned convenience store along with a 3-bedroom cape style home on .20 acres combined. Store is approximately 1100 sq. ft. with a ton of storage in the lower level and boasts 8 parking spots in front for easy in and out for customers, very strong lottery commission, proven sales and HIGH VOLUME TRAFFIC AREA. The residence features hardwood floors throughout, spacious livingroom, large bedrooms, full basement, one car attached garage and a fenced in yard. Use as an investment by leasing out the retail and renting out the home or run the convenience store and let the home rental help pay your note. ATTENTION DEVELOPERS, possible option would be to build a mixed-use building with retail and residences. Walking distance to the commuter rail, under 2 miles to Legacy Place and a few minutes drive to the City. Dedham is a booming commercial and residential market and this property has both!!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,350 SF
Building Class
B
Year Built
1954
Price
$3,800,000
Price Per SF
$1,617.02
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.20 AC
Zoning
B - Business
Parking
6 Spaces (2.55 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
Nearby Major Retailers
1 of 12
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878-882 East St
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