Scituate Investment/Redevelopment Opportunity 111 Front Street

 

109-113 Front St. Scituate, MA 

***UNDER AGREEMENT*** Optimal downtown location in Scituate, Massachusetts. Retail investment property or redevelopment opportunity in the heart of Scituate center. The building is approximately 5,028 SF. Corner lot and over 68′ +/- of frontage on Front street. The property is adjacent from Scituate’s main municipal parking lot, there is also dedicated parking at the site for 12+ vehicles. The building is serviced by municipal water & sewer. Presently one tenant “Harborside Wine & Spirits” operates at the location. The site also has 5,000 SF of basement space. A new roof/sheathing was installed in 2017 at a $60,000 cost. Their are no long term leases encumbering the property however the tenant has expressed interest in remaining at the location to operate a very popular Scituate liquor store.

Development Opportunity

A conceptual plan has been prepared by a local engineering firm;
18,000 SF Total building size
5,040 SF Retail
6,480 SF Office
6,480 SF Residential Condominium/Apartment units (2 or 3 bedroom)

Asking Price $1.75MM email Adam Bauer at abauer@tbxllc.com for complete offering memo