692 High St, Westwood, MA 02090
3,828 SF | Retail Building | Westwood, MA 02090 | $2,399,000 ($627/SF) | 6.76% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,399,000
- Property Type
-
Retail
- Square Feet
- 3,828 SF
- Price / Square Foot
- $627
Listing Contacts
Todd Glaskin
Verified Profile
- Property Info
Property Overview
Coming to market for the first time is one of Westwood's premier properties, located at highly visible 692 High Street. This offering represents an opportunity to purchase one of the most desirable corner lots in Westwood's town center. This is an ideal location with excellent off-street parking and easy access to I-95/Rt-128.
The listing includes a two-story brick building containing 3,828 square feet of retail office space with a large basement. In addition, the the building is sited on a rare 10,000+ square foot lot. The property is surrounded by local and national tenants, as well as, some of the area's most luxurious homes.
The property is currently NNN leased to a national tenant until at least September 2025, offering a great opportunity for in-place strong returns while positioning the property for future use or development.
Ideal location with excellent off-street parking, a large storage basement, and easy access to I-95/Rt-128.
The listing includes a two-story brick building containing 3,828 square feet of retail office space with a large basement. In addition, the the building is sited on a rare 10,000+ square foot lot. The property is surrounded by local and national tenants, as well as, some of the area's most luxurious homes.
The property is currently NNN leased to a national tenant until at least September 2025, offering a great opportunity for in-place strong returns while positioning the property for future use or development.
Ideal location with excellent off-street parking, a large storage basement, and easy access to I-95/Rt-128.
Property Details
- Class
- C
- Year Built
- 1965
- Stories
- 2
- Property Subtype
- Storefront Retail/Office, Freestanding, Storefront
- Lot Size (sq. ft)
- 10,454 SF
Highlights
- Prime Corner High-Visiblity Location - premier corner in Town Center
- Free-Standing building with excellent parking and access
- Renovated Building with two stories of retail/office space
- 10,000+ sf lot can provide excellent development opportunities (no repressentations made)
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