LAST RETAIL SPACE AVAILABLE!

3 Cottage Avenue Quincy, MA 02169

3 Cottage Avenue, Quincy, MA, 02169
Reception
3 Cottage Avenue, Quincy, MA, 02169 3 Cottage Avenue, Quincy, MA, 02169 3 Cottage Avenue, Quincy, MA, 02169 3 Cottage Avenue, Quincy, MA, 02169
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
May 02, 2023

Highlights

  • Currently Occupied by Ideal Realty
  • Proving Ground Fitness Studio Recently Opened Next Door
  • Street Parking Available in Front of the Space
  • Located Across From a 719 space City Parking Garage ($1 an hour for the first 8 hours)
  • Excellent Walkability With a 95 Walk Score
  • Convenient Location Near MBTA Red Line & Commuter Rail
  • Easy access to I-93/I-95
  • Over 700 Residential Units Within 1/2 Mile of the Property

Description

SVN | Parsons Commercial Group | Boston is pleased to present the availability of ground floor retail space located on Cottage Avenue in Quincy. The space is located in a prime commercial and residential area and has tremendous visibility from both Cottage and Hancock Streets. Quincy Center has gone through a historic transformation recently adding more than 3 million square feet of new mixed-use space. The property is .5 miles to the Red Line train, and features quick access to the greater Boston area via the Southeast Expressway. In the next several years, more than 800,000 SF of new developments in downtown Quincy are slated to be built.

Quincy is one of Massachusetts’ fastest–growing cities, home to over 94,000 citizens, it is the 8th largest City in the Commonwealth by population.

The City is in the midst of a revival with development plans to build a pair of new retail and residential buildings up to 15 stories high on the west side of Hancock Street. It has also been announced that reconstruction on the Messina Lot will include a three-story performing arts center and roughly 350 housing units. Quincy is a city that is ideal to live, work and play.

The redevelopment of these properties will create an entirely different downtown Quincy and an improved place for people to live and work. The properties are close to the Nova Quincy Parking Lot and the Quincy Center MBTA Station.

The immediate access to destinations along the Red Line (a.k.a. the Knowledge Line) greatly expands the community’s prospective resident base and draw. Today, this transit-oriented City offers an energetic lifestyle with rents at a significant discount to downtown Boston.

Building Size: 20000sq ft
Lot Size: 0 acres


Documents

3 Cottage Ave, Quincy Brochure - May 2023.pdf

Units for Lease

3 Cottage Avenue
Space Available: 467 SF
Lease Type: Modified Gross

Map of 3 Cottage Avenue, Quincy, MA, 02169

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.