163 Oak StTaunton, MA 02780

Property Details for 163 Oak St

Year built

2022

Lot size

1.02 AC

Property size (Sq ft)

1,440 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

TAUN M:76 L:375 U:

APU

TAUNM76L375U

Description

This exceptional commercial property at 163 Oak Street, Taunton, MA, presents a unique opportunity for businesses seeking expansive and functional space. Priced at $799,900, this 1.02-acre lot boasts a heated three-bay garage, perfectly suited for automotive repair, equipment storage, or similar uses. Each bay features 10x10 overhead doors, ensuring easy access for large vehicles or equipment. The garage is equipped with robust 200-amp circuit breakers and an oil-water separator, meeting industry safety standards. Beyond the garage, the property includes two substantial 20x20 warehouse storage areas, each offering ample space for inventory or additional workspace. A convenient second floor above the warehouse provides extra storage or office space. For operational efficiency, a dedicated office space with a full bathroom is included on the property. Finally, the property offers a significant advantage with 18,000 square feet of outdoor storage, providing ample room for overflow or additional equipment. This property's layout, combined with its extensive storage options and convenient office space, makes it an ideal investment for businesses requiring a versatile and spacious work environment. The combination of indoor and outdoor storage, coupled with the heated garage and office space, offers a rare opportunity in the Taunton commercial market.

• CAP approach

  CAP return

  Valuation

  6%

  $349,970

  6.5%

  $323,049

  7%

  $299,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $474,139

  Geo Method

  $474,139

• Alternative Use

  Use

  Valuation

  Residential

  $272,504

  Hospitality

  $249,612

  Educational

  $207,675

  Medical

  $214,817

  Retail

  $323,049

Location Insight

City

Taunton

County

Bristol

State

Massachusetts

Latitude

41.894

Longitude

-71.1135

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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