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285 Winthrop Street Rehoboth, MA 02769
12,719 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,719 sqft
Price per Sqft $161
MLS Listing ID 73564307
HOA Y/N false
Year Built 1976
Annual Tax Amount $9,475
Tax Year 2026
Lot Size 0.770 Acres
Acres 0.77
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± square feet, the property is improved by two interconnected steel-framed buildings with durable concrete block construction, totaling approximately 13,224± square feet 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. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or occupy one or more units while generating rental income from the remainder, this versatile mixed-use property presents an exceptional opportunity!
Location
State MA
County Bristol
Zoning Resd & Com
Direction On 44
Exterior
Utilities Available Private Water, Private Sewer, Bottled Gas
Roof Type Shingle,Rubber
Others
Senior Community false
Listed by Blu Sky Real Estate
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