550-560 Washington, Weymouth MA 02188

Weymouth, MA 02188

$1,600,000

Est. $9,587/month

1.70

Acres

1956

Year Built

300

Days on Market

Active Listed Feb 10, 2025 • MLS# 73333866 Copied!

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About this home

REDEVELOPMENT OPPORTUNITY! 1.7 acre lot on Route 53 in Weymouth. The property is in a B1 Zone and the Commercial Overlay District (CCOD). Existing lot contains a 1600 foot restaurant and a single family home with in-law apartment. Property has been approved for redevelopment to include 28 residential units and a new 3200 sq. foot retail space. Existing restaurant business (28 years) is to be included as tenant in the new retail space. Architectural renderings, Site Plans, and BZA Decision available.

Property Overview

Listing Type

Commercial Sale

Year Built

1956

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1956

Lot Size 1.70 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $15,556

Interior Features

Flooring:

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Construction & Materials

Year Built: 1956

Structure Type:

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Heating, Cooling & Utilities

Heating:

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Exterior & Lot

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Parking & Garage

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Location

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Neighborhood

550-560 Washington, Weymouth MA 02188

Weymouth, MA 02188

Walkability

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Schools

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,296

Homeowners Insurance $200

PMI (if <20% down) $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Feb 10, 2025

$1,600,000

Original listing

Agent: Raymond Jennings III Office: Raymond Jennings lll

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
02/10/2025	🏠 Listed for Sale	$1,600,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Feb 10, 2025	New Listing Added	$1,600,000	—

Market Statistics

Days on Market

300 days

Price per Sq Ft

$—

Tax History

Year	Taxes	Assessment
2024	$15,556	—

Financial Details

Annual Property Tax

$15,556

Tax Year 2024

Listing Information

Listing Agent Raymond Jennings III

Listing Office Raymond Jennings lll

Agent MLS ID NB900235

Office MLS ID AC2473

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.