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Scituate Land for Sale

Why Investing in Property Here is a Good Idea

Scituate enjoys a lovely location between Plymouth and Boston, making it an excellent place to buy land. Getting in touch with one of our professionals today will allow you to get this process started quickly.

Geographic Location

The coastal location on Massachusetts Bay was one of the things that initially made this community a popular summer vacation destination and continues to attract new residents and businesses alike. Its overall atmosphere is a mixture of rural and suburban.

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Around 18,000 people live in this town, which also includes a village in the northern part where 5,000 of the community's residents live. This area of town is known for having a freshwater pond known as Hunter's Pond. It also boasts an MBTA station that has trains running into North Station in Boston regularly.

Brockton is the closest larger community at 19 miles away, and the community is 25 miles from Boston. Some of the other towns nearby include Cohasset, Hingham, Norwell, and Marshfield.

The only major state highway is 3A, also known as the Chief Justice Cushing Highway. Route 123 also runs through town, and the local branch of the MBTA bus service provides service here. In addition to the MBTA station in the northern part of town, there is also a commuter rail station closer to the town center that offers service to South Station.

A few of the neighborhoods include The Harbor, which is the central business area, Greenbush, Minot/Minot Beach, and Shore Acres. The unique landscapes provide the perfect backdrop for both home builders and business developers.

What Types of Developments Could You Build Here?

With many homes listed at prices of $800,000 or more, developing lots to offer homes for sale is a smart choice. Constructing buildings to suit local business needs is also an excellent way to develop spaces purchased here.

Homes

There are enough lots with the space to build everything from estate-style homes to modern Capes. Constructing homes with large windows, decks and other ways to maximize the views will serve to draw buyers who place a high priority on enjoying the view. Floorplans that increase entertaining options are also likely to be in demand.

Beach homes ideal for larger residences or as investment properties are options worthy of consideration here. There is a demand for larger properties to suit the needs of beach home renters who take their vacations in larger groups. Bigger houses such as these are also suitable for condo conversions.

Apartment Buildings

Many apartments available here are in houses with conversions., but there is also a market for apartment complexes. Average prices in early 2018 ranged from $1,500 to over $2,000 a month for units with 700 to over 2,000 square feet of space. These stats help indicate how broad the range of apartment options people are looking for is even in a small town.

Decks that overlook the water are a feature in high demand among apartment shoppers. Laundry hookups within the units offer maximum convenience, along with reserved off-street parking. Buildings placed within a few minutes' walk or drive to one of the commuter rail or bus stations are worth consideration.

Commercial Investment Properties

There are three main commercial areas, along with a town pier. The business activities in town are a source of local pride. Another good thing about commercial property in this area is that it provides just as much value for visitors as it does residents.

Office space designed to blend in with the nature of the local neighborhoods will attract businesses concerned with how their buildings exist in harmony with the rest of the community. Local companies are often concerned with whether the spaces they use have a good impact on the rest of the town. Developing buildings that appeal to these business owners is a good choice.

Retail Space

One thing about one of these smaller towns worth keeping in mind is that there is almost always a need for spaces to suit small shops. A structure that can house several such shops will receive a lot of local attention and help you get a good return. Gift shops, art galleries, and similar ventures benefit from such spaces.

A feature that's also helpful about such spaces is that, if zoned appropriately, they can also host restaurant space. Enjoying a meal or quick snack while shopping is always a draw for many shoppers. Offering this combination of features, along with decent parking, will encourage prospective tenants to move in.

There are enough opportunities to pursue in this area that you'll be on your way to enjoying a good return once you decide which property to pursue.

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Land for Sale