Retail•Street Retail•For Sale

46 Columbia Road

46 Columbia Road , Pembroke, Massachusetts 02359

Sale Price Market
Sale Type Investment
Zoning Business B
Bldg Type Multi-Tenant
Year Built 1984
Stories 2
Cap Rate 7.28%
Annual Taxes $23,104.50
Gross Bldg 22,000 SqFt
Land Area 1.58 Acres
Improvements Corner Lot with ample parking and curb cuts on Washington Street and Columbia Road
Net Op Inc $160,186.45
Ellis Realty Advisors is pleased to present 46 Columbia Road in Pembroke. MA. The mixed-use building is 22,000 square feet comprised of 18 units of retail shops, restaurant, hair salon, and office space. The building sits on 1.56 acres of land in the Business B zone. The property offers a nice mix of tenants, in-place income and rental upside. Located at the intersection of Route 139 and Route 53. Many new developments in progress within the 53/139 Trade area including Irving Gas Station, Planet Fitness and Prevites Market.
  • Multi-tenant Retail/Office Building
  • Strong Tenant History
  • Ample Parking
  • Intersection of Route 53 & 139
  • High Traffic Counts
10/8/2019 4:53:15 PM 1/20/2020 3:25:38 PM
Dave Ellis
Managing Partner
Ellis Realty Advisors
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