Sold!
$2,450,000
22,291
Living Area
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Property 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. 9 of the 10 units are occupied (only vacant unit is owners unit). 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. This property could easily achieve a 10%, or more, cap rate with build out of 2nd floor for apartments or commercial space. 2nd floor lobby and hallway leading to 6 apartments or 6-12 commercial units recently completed. The right side of the 2nd floor can be framed out for apartments or commercial space using the modular wall units included with sale. Or leave it wide open for a larger commercial entity
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Highlights
- Acres: 1
- Property Type: 5+ Family - 5+ Units Side by Side
- Status: Closed
- Property Class: Residential Income
- Year Built: 1983
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Additional Details
- Foundation: Concrete Perimeter, Slab
- Total Number of Units: 26
- Year Built Source: Owner
- Lot Features: Corner Lot
- Year Built Details: Actual
- Zoning: C
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Private Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $946,600
- Compensation Based On: Net Sale Price
- Taxes: $25,161
- Buyer Agent Compensation: 2%%
- Tax Year: 2024
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Goodrow Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
