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87 Winthrop St

5,776 SF Retail Building Rehoboth, MA 02769 £588,565 (£102/SF)

Investment Highlights

  • Newly renovated
  • Located right off route 44
  • Turnkey mixed use property
  • All separate utilities

Executive Summary

Newly renovated, turnkey mixed-use building on busy Route 44. Unique interior w/ open 1st floor layout including great room w/ cathedral ceilings, wood burning stone fireplace, hardwood floors, custom ceiling fans, pic. windows, counter w sink & cupboards; 3 ceramic tiled baths (2 full w/ new, large fiberglass shower enclosure, other w/ laundry hookup); records room, back office, 4 additional rooms (2 w/ closets) & oversized ceramic tile workshop. Upstairs is additional income producing, 4 BR deleaded apartment. All separate utilities. Building features vinyl siding, new: septic system, windows, roof, carpeting, basement structure, appliances, cen. air & furnace, hot water heaters & water treatment system. Formal parking for 20 vehicles w/ potential for many more. ADA compliant ramp, 8' internally lit 2-sided marquis on Route 44 w/ 10k - 15k daily traffic count. 1 acre lot for MANY possibilities & expansion if needed. Cheaper than renting w/ tenant income!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,776 SF
Building Class
C
Year Built
1940
Price
£588,565
Price Per SF
£102
Tenancy
Single
Number of Floors
2
Building FAR
0.13
Lot Size
1.00 AC
Zoning
MU - Mixed use
Parking
16 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
155 ft on Winthrop St

Amenities

  • Fireplace
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
REHO-000047-000000-000017
Land Assessment
£99,440
Improvements Assessment
£268,488
Total Assessment
£367,928
  • Listing ID: 34047253

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 87 Winthrop St, Rehoboth, MA 02769

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