Equipped Auto Body
New
For Sale
$650,000
10 Bedford Park # 2, Bridgewater, MA 02324
Established automotive facility with included equipment, a two-level office component, and multiple restrooms.
Property Size2,275 SF
Price / SF$285.71
Days on Market2
Property Features for 10 Bedford Park # 2
General Information
Standard status
Active
Size
2,275 SF
Property subtype
Commercial
Zoning
SBD
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$2,495
Building Details
Building Size
2,275 SF
Year Built
1991
Listing Agency:
Coldwell Banker Realty - Concord
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Sep 8
Last Checked: Sep 1 at 2:40PM
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 Coldwell Banker Realty - Concord
Investment Insights
Based on property information with market context.
This auto body shop includes installed automotive equipment, a two-story office area, and multiple restrooms consisting of two half baths and one full bath on the upper level. The property was built in 1991 and is configured for vehicle service operations, with shop and office areas supporting the business. Equipment included in the sale is detailed in the listing attachments.
Located at 10 Bedford Park Unit 2 in Bridgewater, Massachusetts, the property offers an operating automotive facility with both service and administrative space.
Located at 10 Bedford Park Unit 2 in Bridgewater, Massachusetts, the property offers an operating automotive facility with both service and administrative space.
Key Highlights
- Automotive equipment included in the sale
- Two‑story office area
- Two half baths and one full bath on the second level
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$747,580
$747.6K
Cap Rate 7%
$533,986
$534.0K
Cap Rate 9%
$415,322
$415.3K
Market Conditions
NOI Build-Up for 2,275 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.6K $24.00/SF
− Vacancy
−$1.2K −$0.53/SF
EGI
$53.4K $23.47/SF
− OpEx
−$16.0K −$7.04/SF
NOI
$37.4K $16.43/SF
Area
Plymouth County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$747,580
Cap Rate 7%
$533,986
Cap Rate 9%
$415,322
Alternative Uses
Best Use
Retail
$534.0K
$467.2K – $623.0K
NOI $37,379 @ 7.0% cap · market cap 5.75%
Second Best
Industrial
$345.7K
$302.5K – $403.3K
NOI $24,199 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,275 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02324, MA
25,676
Population
9,770
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
94%
High-School Grad
27.0 sq mi
ZIP Area
951
Density / Sq Mi
$112,445
Median Household Income
$57,560
Median Earnings
$1,975
Median Rent
$500,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Bond’s Auto Body — 1875 Bedford St #4, Bridgewater, MA 02324
- Gassers & Diesels — 1875 Bedford St #2, Bridgewater, MA 02324
- Precision Collision, Inc — 1700 Bedford St, Bridgewater, MA 02324
- Kevin's Automotive Specialists — 1221 bedford st, bridgewater, ma 02324
- Car Guys — 1221A Bedford St, Bridgewater, MA 02324
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility with included equipment, a two-level office component, and multiple restrooms.
Where is this auto shop located?
The property is located at 10 Bedford Park # 2 Bridgewater, MA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Automotive equipment included in the sale; Two‑story office area; Two half baths and one full bath on the second level
