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24-38 Park St
Medfield, MA 02052

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,451 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.52 AC
Zoning
BI
Parking
48 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
242 ft on Park Street

Amenities

  • Restaurant
  • Storage Space

About 24-38 Park St , Medfield, MA 02052

Rare opportunity for retail investment in Boston metrowest! Downtown Medfield historic strip mall with classic New England character, a turn of the century train station. Includes 10 retail units, 12 additional office/services suites, and storage. Nominal CAP rate of 8.25% with near term potential for 9.5% This shopping center currently has tenants offering dry-cleaning, catering/take-out, yoga, barber services, manicures, beauty salon, tutoring, gifts, data management, marketing, and banking software, all with leases in place. High income area including surrounding towns of Sherborn, N.Walpole, Dover, Westwood and Millis. Please visit property by appointment only. Call today for more details and your confidential showing! OWNER HAS INSTRUCTED TO MOVE LISTING OFFLINE FOR TIME BEING; CONTACT LIST AGENT WITH ANY INQUIRIES.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MEDF-000037-000000-000198
Land Assessment
$583,396
Improvements Assessment
$987,084
Total Assessment
$1,570,480
  • Listing ID: 17378797

  • Date on Market: 2019-10-05

  • Last Updated:

  • Address: 24-38 Park St, Medfield, MA 02052

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