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Village-Style Street Retail Spaces
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1 Railroad Ave, Bedford, MA 01730

Street-level retail spaces in a two-building village style development with a pocket park and street parking.

Property Size2,026 SF
Days on Market177

Property Features for 1 Railroad Ave

General Information

Standard status Active
Size 2,026 SF
Property subtype Commercial
Lease Term Existing Lease Type: NNN

Building Details

Building Size 2,026 SF
Year Built 2026
Listing Agency: Landmark Boston Realty
Listed By: Matthew Dillon
Source: Iverty
Added: Apr 27 Changed: Oct 20 Last Checked: Oct 19 at 11:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Boston Realty

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Investment Insights

Based on property information with market context.

This offering features village-style street-level retail spaces within a mixed-use development consisting of two buildings. The project also includes a pocket park with a patio and provides street parking for patrons and visitors. The ground-floor spaces are designed to support light food uses, including bakery and cafe concepts, as well as small local retail.

The development is planned for the location at the termination of the Minuteman Bike Path, supporting walk-in access for daytime activity. Completion is expected in Summer 2027, creating a defined new-construction window for retailers looking to establish at Depot Square.

As proposed, the spaces are positioned at street level to fit neighborhood-style foot traffic, with the site layout centered around the pocket park and patio feature.

Key Highlights

  • Village style mixed‑use development with two buildings featuring street‑level retail spaces
  • Includes a pocket park with patio and street parking for visitors and customers
  • Project located at the termination of the Minuteman Bike Path

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,119
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,380 $582.4K
Cap Rate 7%
$415,986 $416.0K
Cap Rate 9%
$323,544 $323.5K
Market Conditions
NOI Build-Up for 2,026 SF
Gross rent
$44.5K $21.96/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$41.6K $20.53/SF
− OpEx
−$12.5K −$6.16/SF
NOI
$29.1K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,380
Cap Rate 7%
$415,986
Cap Rate 9%
$323,544

Alternative Uses

Best Use
Retail
$416.0K
$364.0K – $485.3K (±1% cap)
NOI $29,119 @ 7.0% cap · market cap 64,708.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,957 @ 7.0% cap · market cap 186,571.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Equipment Shop Production Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Grocery & Convenience Store HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 36% Apparel 35% Shops & Services 17% Beauty & Spa 6%
Whole Foods Market Groceries
31,465 visits/mo 0.5 miles
Marshalls Apparel
30,586 visits/mo 0.5 miles
Learning Express Shops & Services
5,825 visits/mo 0.4 miles
Jersey Mike's Subs Dining
3,836 visits/mo 0.4 miles
Bank of America Shops & Services
3,440 visits/mo 0.4 miles

Demographics for 01730, MA

14,566
Population
5,970
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
96%
High-School Grad
12.4 sq mi
ZIP Area
1,175
Density / Sq Mi
$158,286
Median Household Income
$88,504
Median Earnings
$2,430
Median Rent
$878,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Barbara's Florals and More — 52 Great Rd, Bedford, MA 01730

Frequently Asked Questions

What type of property is this?
Storefront property - Street-level retail spaces in a two-building village style development with a pocket park and street parking.
Where is this storefront property located?
The property is located at 1 Railroad Ave Bedford, MA.
What are key features of this property?
This property features: Village style mixed‑use development with two buildings featuring street‑level retail spaces; Includes a pocket park with patio and street parking for visitors and customers; Project located at the termination of the Minuteman Bike Path
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