Description
***APPROVED FOR 16 APARTMENTS (MARKET RATE) ON 2ND FLOOR!! Welcome to "DIGHTON CENTRE" strip mall...The details of this beautifully remodeled, and meticulously maintained property becomes evident immediately upon entering the parking lot. 1st floor consists of 10 units / 99% occupied. Long term tenants. Additional income from billboard. The septic system has a design flow of 4,150 GPD. A "Special Permit" to construct 16 apartments on the 2nd floor has been granted by the Dighton Planning Board. Nice elevator leads to 2nd floor lobby. Sale includes modular wall system for 2nd floor which allows for easy layout configuration and ability to accommodate many different "build to suit" options. This property could easily achieve a 10%, or more, cap rate with build out of 2nd floor for apartments or commercial space.
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Listing Agent: Steven Resendes
Listing Office: Resendes & Associates
Attribution contact: 508-636-7370 | 508-654-3148
