79 Route 130 - Apartments FOR SALE


Forestdale, MA 02644
$2,199,000 USD
781-738-9696
79 Route 130, Forestdale, MA for Sale
$2,199,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

79 Route 130
Forestdale, MA 02644


HIGHLIGHTS

  • Highly Visible Location
  • 3 Apartments + 1 awaiting plumbing and kitchen
  • Turn-key Restaurant Space
  • Redevelopment Opportunity
  • 1.62 Acres
  • MIxed-Use

OVERVIEW

Current mixed-use building with 4 apartments located above the recently vacated, fully turnkey restaurant previously home to Carluccios Trattoria. Three apartments are rented and one is operating as a storage space, landlord is in process of installing plumbing and kitchen. Tremendous amount of parking on a 1.62-acre lot, within a highly desirable location in Sandwich for a restaurant owner-operator, or a multifamily or Mixed-Use Development Opportunity. Strong potential to develop "for rent" apartments or a "for sale" cottage colony. Zoning study supports 12–16-unit redevelopment.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

5

PRICE/UNIT

$439,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

BL1

APN/PARCEL ID

SAND-000011-000067

ASK ABOUT THIS PROPERTY

Daniel MortonEllis Realty AdvisorsMore Info
781-738-9696

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Daniel MortonEllis Realty AdvisorsMore Info
781-738-9696

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