346 Washington St - Freestanding FOR SALE


Stoughton, MA 02072
$3,499,000 USD
617-584-5454
346 Washington St, Stoughton, MA for Sale
$3,499,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

346 Washington St
Stoughton, MA 02072


OVERVIEW

Currently utilized as a luxury automobile dealership, this property is for sale at $3,499,000 or for lease at $26 per square foot on a triple net basis. Owner would consider a lease with option to buy. Building #1: 9,780 SF with partial second floor currently utilized as a luxury automobile dealership. Building #2: 1,170 SF currently utilized as a single family dwelling. Zoning is General Business with permitted uses of retail, day care and auto. A unique opportunity to purchase an existing recently renovated retail property currently operated as a luxury used car dealership and a rented single family home. The retail building is a 1- and 2-story luxury automobile dealership totaling 9,780 square feet and 1,170 square foot Cape Cod style single-family dwelling with four bedrooms and one bath that is currently rented for $3,000 per month. Existing auto dealership license will remain with the property. The property is located on Route 138 (Washington Street) at the corner of Halliden Street. This area is fully developed (retail and service) and traffic counts are considerable (30,000+ vehicles per day). Abutting properties include Bank of America to the left (at the corner of Washington and Halliden Streets), an older retail building to the south, and Wendy’s, CVS and a retail strip across Washington Street. Halliden Street is a short side street that is improved with older single-family dwellings. Other nearby commercial properties include Papa Gino’s, Golden Palace restaurant, a Super Stop & Shop, an Eastern branch bank, a Mobil gas station, a Walgreens, a McDonalds, and a Subway.

FOR SALE DETAILS

PRICE

$3,499,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

GB, Stoughton

APN/PARCEL ID

STOU-000056-000125

ASK ABOUT THIS PROPERTY

Craig BarkerBoston Real Estate/Coastline Real Estate AdvisorsMore Info
617-584-5454

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Craig BarkerBoston Real Estate/Coastline Real Estate AdvisorsMore Info
617-584-5454

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