23-29 S Park Ave - Storefront Retail/Office FOR SALE


Plymouth, MA 02360- Downtown Plymouth
$2,650,000 USD
617-977-4362
23-29 S Park Ave, Plymouth, MA for Sale
$2,650,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.71% Cap Rate

23-29 S Park Ave
Plymouth, MA 02360
Downtown Plymouth


HIGHLIGHTS

  • Below-Market Rental Rates Present Immediate Upside and Opportunity for NOI Growth
  • Short-Term Lease Structure Provides Near-Term Flexibility to Reposition Rents or to negotiate long term leases
  • Highly Desirable Location Adjacent to Plymouth Harbor with Strong Regional Draw and Waterfront Accessibility
  • Waterfront Views Enhance Tenant Appeal and Support Long-Term Leasing Demand
  • Underutilized Space Creates Opportunity for Reconfiguration, Expansion, or Increased Income Generation on 3rd floor
  • Diversified Multi-Tenant Rent Roll Reduces Reliance on Any Single Occupant and Supports Income Stability

OVERVIEW

Broker of Record Kyle Matthews License # 1000083-RE-RB (MA) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

7.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun Dynasty Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Bowling Alley, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

DH, Plymouth

APN/PARCEL ID

PLYM-000017-000000-000096B

ASK ABOUT THIS PROPERTY

Nikolai NovakMatthews Real Estate Investment ServicesMore Info
617-977-4362

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Nikolai NovakMatthews Real Estate Investment ServicesMore Info
617-977-4362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.