21 Major Thomas J Mcgrath Highway, Quincy, MA 02169
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$498,000
Type: Commercial Condo
Ground Lease
SQFT: N/A
N/A Restrooms
Parking: N/A

Property Description

This turnkey commercial condo in Quincy’s thriving business district offers an exceptional cash-flowing asset with a proven 8%+ ROI and premium professional-grade features. This space includes 8 private offices, a client waiting area, and a private bathroom—making it ideal for medical practices (therapy, dental, specialists), law firms, or consulting groups seeking move-in-ready space. Located steps from I-93/Route 3 with free on-site garage parking, this unit combines convenience with high tenant demand. Currently leased with stable income, the condo’s smart layout and low-maintenance ownership make it a rare passive investment in Greater Boston’s hottest secondary market. Priced aggressively below replacement cost—serious investors should act fast. Current Rent $5,120, lease expires in April 2026. condo fee $1035/month, tax $862/month. Total rate of return 8%.

Property Details tap to expand

Property Information

  • Type: Commercial Condo
  • Location: Other (See Remarks)
  • MLS ID#: 73366279

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/03/2025Active$498,000MLSPIN
04/29/2025New$498,000MLSPIN

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Seller's Representative: Jane Huang, Kwan Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-03 03:05:00