1596 Gar Highway Swansea, MA ^$ 999,900

1596 Gar Highway

^$ 999,900

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1596 Gar Highway

Swansea, MA, 02777

^$ 999,900

Studio Baths3.0 Sq 4,331

Monthly Estimate*

^$ 6,646

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Studio

Commercial Property for sale in Swansea, MA

for $999,900 with 3 full baths. This 4,331 square foot building was built in 1930 on a lot size of 0.5.

Five units, A car dealership license for 25 vehicles, for sales of automobiles, autos, trucks on a lot of 21,780 sq ft with 188 foot frontage on busy route 6, with a 270 sq. ft. sales office.and a half bath. There are two single family homes, a 3 bedroom, 1.5 bath, 1,595 sq ft Colonial and a 2 bedroom, 1 bath, 966 sq ft Ranch with a patio. There's also a 30 x 40 ft garage with two rent-able bays, each with a car lift. See attached for the plot plan and projected income and expenses. Currently all five units are owner occupied and used by the two brother owners. Route 6 has experienced many new developments in the last few years and traffic is increasing. 15 minutes from Providence or Fall River, 25 minutes to Boston. This property is close to route 24, route 195 and the Swansea Mall which is being redeveloped. Ernie Boch Jr recently bought Pleasure Island in Swansea. GAR Highway (Route 6) in Swansea is becoming the new AUTO MILE times 2 (It's 2 miles long). A 1031 exchange is ok.

Commercial Active

Price

^$ 999,900

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 5,733

Style

Lot Size

0.5

Year Built

1930

Town/City

Swansea

County/Region

Bristol

MLS | Web ID

73126213

List By

Robert Dailey

Listing Agent

Prestige Real Estate

Broker

Affordability Calculator

$7,123

Per Month

Monthly Principal & Interest: $6,646
Monthly Property Taxes: $478
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Swansea, MA

Average List Price ^$1,579,117

Percent of Sale Price 58%

About Swansea, MA

16,738 Population

5% Since 2002

^$76,969 Median Income

46.96 Median Age

24% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/17/2023	$999,900		Listed Price

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1596 Gar Highway, Swansea, MA, 02777 is a Commercial Property for sale at $999,900 with 4,331 sqft and a lot size of 0.5. 1596 Gar Highway is a studio with 3.0 baths and was built in 1930. The property's zip code is 02777 which is in Swansea, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/31/2024.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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1596 Gar Highway

Commercial Property for sale in Swansea, MA

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