285 Winthrop Street, Rehoboth, MA 02769

$2,050,000

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List Price
$2,050,000
MLS#
1425061
Status
ACTIVE
Type
Commercial
City
Rehoboth
County
Bristolma
Year Built
1976

Property Description

Prime Mixed-Use Investment Opportunity on Highly Traveled Route 44! 10 Fully rented income-producing units! This exceptional income-producing property offers a rare combination of commercial and residential space in a high-visibility location with excellent frontage and exposure. Situated on approximately 33,377 sqft, the property is improved by two interconnected steel-framed buildings with durable concrete block construction, totaling approximately 13,224 sqft of gross building area. The property features 10 Fully rented income-producing units, including 8 commercial units and 2 residential apartments, providing a diverse tenant mix of retail, industrial, and residential uses. Building 1 offers approximately 4,220 square feet, while Building 2 encompasses approximately 9,004 square feet, allowing flexibility for a wide range of businesses and investment strategies. Extensively maintained and thoughtfully improved, this property has seen numerous capital improvements throughout the years, making it an outstanding opportunity for investors seeking a well-cared-for asset with long-term upside. A NEW septic system will be installed, providing added value and peace of mind for the next owner. The buildings have been well maintained, minimizing future capital expenditures while maximizing investment potential. With its strategic location on busy Route 44, strong visibility, ample on-site parking, this property is ideally positioned for continued occupancy and future growth.

Additional Information

Cooling
Central Air
Sewer
Septic Tank
Taxes
$9,475
Community Features
Highway Access

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Listing courtesy of Blu Sky Real Estate. Contact:

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