For Sale
$4,200,000

2555 G.a.r. HwySwansea, MA 02777

High-Yield Multi-Tenant Retail Complex

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Swansea, MA investment opportunity presents a fully leased, multi-tenant retail portfolio spanning 614,632 square feet across two single-story buildings on a 16-acre lot. The property, located at 2555 G.A.R. Highway, boasts a prime location near major retailers such as Bristol Toyota and Cardis Furniture, ensuring high visibility and consistent traffic. Currently operating at 100% occupancy with three units under net leases, the portfolio offers a stable income stream with a remaining lease term of one year. Built in 1950, the property is zoned for general commercial use, presenting significant redevelopment potential for a savvy investor. The asking price is $4,200,000, translating to a price per square foot of $6.83. This property is ideal for investors seeking a strong return on investment with the added benefit of future development possibilities in a thriving commercial area. The existing structure comprises approximately 36,000 square feet of industrial/retail space, offering flexibility for various uses. This is a rare chance to acquire a substantial retail portfolio in a high-demand location with significant upside potential. The property's size and location make it an attractive prospect for long-term growth and value appreciation.

Highlights

  • $4,200,000 asking price for this Swansea, MA retail property.
  • 614,632 square feet on 16 acres, with a $6.83 price per square foot.
  • Multi-tenant retail property with 100% occupancy.
  • Three units across two, one-story buildings, built in 1950.
  • Net lease with one year remaining on the lease.
  • General Commercial zoning.

Property Details for 2555 G.a.r. Hwy

Property type
Lifestyle centers, Power centers
Square Feet
614,632 SF
Year Built
1950
Buildings
2
Stories
1
Units
3

Location Insight

City
Swansea
County
Bristol
State
Massachusetts
Latitude
41.7732671
Longitude
-71.2702313
2555 G.a.r. Hwy, Swansea, Massachusetts

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2555 G.a.r. Hwy
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