Somerset Retail Plaza | 946-970 County St
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Somerset Retail Plaza 946-970 County St
7,824 SF 100% Leased Retail Building Somerset, MA 02726 $1,200,000 ($153/SF)
Investment Highlights
- Neighborhood retail center in a highly trafficked area
- Ample on site parking
- Below market rents
- Town water/town sewer
- Surrounded by strong co-tenants
- Close proximity to the highway
Executive Summary
946 County Street is a neighborhood retail center located on route 138, which is a highly trafficked secondary state highway in Somerset. The plaza consists of six retail Tenants and all Tenants have leases in place. There is ample on site parking as well. The property is serviced by town water and town sewer. Additional space is available in the basement.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,824 SF
Building Class
C
Year Built
1945
Price
$1,200,000
Price Per SF
$153
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
C - Business District (C)
Parking
10 Spaces (1.28 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | SOME-000002C-000000-000099 | Improvements Assessment | $318,400 |
| Land Assessment | $253,800 | Total Assessment | $572,200 |
PROPERTY TAXES
Parcel Number
SOME-000002C-000000-000099
Land Assessment
$253,800
Improvements Assessment
$318,400
Total Assessment
$572,200
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Somerset Retail Plaza | 946-970 County St
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