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569 Winthrop St Rehoboth, MA 02769
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Key Details
Sold Price $727,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,689 sqft
Price per Sqft $108
MLS Listing ID 72778363
Sold Date 05/04/21
Year Built 1910
Annual Tax Amount $7,654
Tax Year 2020
Lot Size 0.910 Acres
Acres 0.91
Property Description
Great opportunity to acquire a fully occupied investment property with strong cash flow. This mixed-use Commercial/Residential building consists of 4 units – 3 residential & 1 commercial. Sitting in a prime location on Rt. 44/Winthrop Street in Rehoboth, the property has great visibility from the main road. RPR data shows traffic counts of over 13,000 each day & it features a large lot with parking for over 40 vehicles. The building has an estimated total of 6,698 Gross sqft of living area, of which the recently renovated (2014) restaurant holds 2,599 square feet. Additional office and storage space in the basement, as well as walk-in & freezer. The restaurant has separate heat, a/c, & utilities. Do not miss this opportunity for a fantastic income property, future office space, or retail space. The property comes complete with a bar, and a list of restaurant equipment will be conveyed upon request. The thriving Restaurant business is not part of the sale.
Location
State MA
County Bristol
Zoning Mixed use
Direction On Route 44/Winthrop Street.
Exterior
Utilities Available Private Water, Private Sewer
Roof Type Asphalt/Composition Shingles
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Bought with Eric Coury • Keller Williams Elite