Description
Rare value-add and redevelopment opportunity in the heart of Quincy. 64-74 Bates Ave presents a prime warehouse-to-residential conversion play, ideal for investors seeking to capitalize on the strong and growing condo market in the area.Situated on a sizable parcel with favorable positioning, the existing structure offers the potential for adaptive reuse into condominium units (buyer to perform due diligence). The property is located in a rapidly developing submarket with increasing demand for residential housing, making it a compelling opportunity for developers targeting high-margin resale projects.Conveniently located near public transportation, major highways, and local amenities, the site provides the accessibility today's condo buyers demand. Surrounded by ongoing residential growth and redevelopment, this asset is well-positioned for long-term appreciation and strong exit potential.
Details
| MLS # | 73549541 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 67 |
| Listing Provided By | Cameron Real Estate Group | Marlon Del Villar |
Features
| Zoning | BUSB |
|---|---|
| Acreage | 0.48 |
Taxes
| Tax Annual Amount | 13123 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Norfolk |
| City | Quincy |
| Zip Code | 02169 |
| Area | Norfolk |
| Listing VS Median (in 02169) | |
Price: $2,200,000 low | high Med: $499,000 On site: 67 low | high Med: 8 | |
Market Activity 02169
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Learn More About This Property
| State | MA |
|---|---|
| County | Norfolk |
| City | Quincy |
| Zip Code | 02169 |
| Area | Norfolk |
| Listing VS Median (in 02169) | |
Price: $2,200,000 low | high Med: $499,000 On site: 67 low | high Med: 8 | |
