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23-29 S Park Ave
Plymouth, MA 02360 Downtown Plymouth

$2,650,000 USD

Storefront Retail Office For Sale  •  18,932 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 15,258 SF
• Lot Size 0.22 AC
• Building Class C
• Year Built 1963
• Cap Rate 7.71 %
• Tenancy Multiple
• Zoning DH, Plymouth

30 Transit Score

50 Walk Score

Highlights

Below-Market Rental Rates Present Immediate Upside and Opportunity for NOI Growth

Short-Term Lease Structure Provides Near-Term Flexibility to Reposition Rents or to negotiate long term leases

Highly Desirable Location Adjacent to Plymouth Harbor with Strong Regional Draw and Waterfront Accessibility

Waterfront Views Enhance Tenant Appeal and Support Long-Term Leasing Demand

Underutilized Space Creates Opportunity for Reconfiguration, Expansion, or Increased Income Generation on 3rd floor

Diversified Multi-Tenant Rent Roll Reduces Reliance on Any Single Occupant and Supports Income Stability

Cap Rate:

7.71 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Amy Gordan		6/15/2019
Aristocracy Salon And Day Spa
Old Tyme Collections		12/31/2014
Sun Dynasty

Amenities

• Restaurant
• Signage
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Plymouth (Kingston/Plymouth Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	6 min	16 min	0.9 mi
Kingston/Route 3 (Kingston/Plymouth Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	10 min	-	4.5 mi
Airport	Drive	Walk	Distance
Barnstable Municipal-Boardman-Polando Field	47 min	-	33.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes