Harbourtown Retail Shops — Sale in Plymouth, MA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Plymouth, MA 02360
  • Year built: 2021

Photos

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Investment Figures

Cap rate
7.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present The Harbourtown Retail Shops, a commercial condominium comprised of six retail suites located on the ground floor of 150 Water Street in the heart of Plymouth’s historic waterfront district. Situated just steps from Plymouth Rock, Mayflower II, Town Wharf, and other iconic attractions, this prominent mixed-use asset occupies a highly visible location along one of New England’s most recognizable waterfront corridors. The property benefits from a unique blend of year round local patronage and seasonal tourism, creating a dynamic environment that supports long-term tenant demand and occupancy. The property’s Water Street frontage places it at the center of Plymouth’s vibrant downtown district, where a diverse collection of restaurants, boutiques, galleries, and hospitality venues attracts residents and visitors alike. Approximately 1.5 million visitors travel to Plymouth each year, generating nearly $1 billion in annual tourism spending and providing a consistent stream of pedestrian traffic that enhances the property’s visibility and leasing appeal. The surrounding downtown area is among the most walkable destinations in Massachusetts, offering convenient access to numerous cultural, recreational, and waterfront amenities. Positioned within an affluent trade area, the property serves a population of approximately 55,000 residents. Strong household incomes, a stable local customer base, and a robust tourism economy create multiple demand drivers that support long-term asset performance. Located in one of Massachusetts’ premier coastal destinations, The Harbourtown Retail Shops offer exceptional visibility, strong pedestrian activity, and immediate access to the region’s most significant historic and waterfront attractions. With its irreplaceable location and enduring appeal to both residents and visitors, the property represents a rare opportunity to acquire a landmark retail asset in the heart of downtown Plymouth. Investment

Market Context

This retail in Plymouth, MA is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2021. Compare it against other retail listings for sale in Plymouth, MA — view the full market.

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