Renovated Industrial Building in
106 River St Dedham, MA 02026
106 River St, Dedham, MA, 02026
$1,650,000
For Sale
$1,650,000
Renovated 3,756 SF industrial building on 0.31-acre lot for sale.
Property Size3,756 SF
Price / SF$439.30
Days on Market402
Property Features for 106 River St
General Information
- Standard status
- Active
- Size
- 3,756 SF
Building Details
- Year Built
- 1961
Listing Agency
Thumbprint Realty, LLC
Listed by
Huguens Pierre-Charles
Source
Corcoran
Added: Jun 11, 2025 Checked: Mar 16 at 9:09 am
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 Thumbprint Realty, LLC
Investment Insights
Based on property information with market context.
Located at 106 River Street in East Dedham, this renovated industrial building offers 3,756 square feet of space on a 0.31-acre lot. The property features 111 feet of street frontage and good curb visibility. Previously occupied by a restoration and cleaning company and a custom car wrap studio, the building is suitable for various uses, including specialty auto, a luxury car wash, or a creative workshop. The property is zoned LM for light industrial use. The building's exterior is constructed of concrete and brick. The interior provides a functional layout. The property includes three drive-in bays and updated systems. On-site parking is available for over 12 vehicles. The building features high bay ceilings and is located in a flood-free zone.
Key Highlights
- Renovated 3,756 SF industrial building with flexible layout suitable for various uses.
- Three functional drive‑in bays and high bay ceilings.
- Located on a 0.31‑acre lot with 111 feet of street frontage and prime curb visibility.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.7k | $30.00 |
| − Vacancy | −$13.5k | −$3.60 |
| EGI | $99.2k | $26.40 |
| − OpEx | −$34.7k | −$9.24 |
| NOI | $64.5k | $17.16 |
3,756 SF · lease $30.00/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$920.8K
$805.7K – $1.07M
NOI $64,453 @ 7.0% cap · market cap 3.91%
Second Best
Retail
$913.1K
$799.0K – $1.07M
NOI $63,919 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$2.22M
$1.95M – $2.59M
NOI $155,648 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A.S.P.I Motor Cars ...
Auto Repair Shop
Optimum Car Care
Auto Repair Shop
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FAQs
What type of property is this?
Industrial property - Renovated 3,756 SF industrial building on 0.31-acre lot for sale.
Where is this industrial property located?
The property is located at 106 River St Dedham, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Renovated 3,756 SF industrial building with flexible layout suitable for various uses.; Three functional drive‑in bays and high bay ceilings.; Located on a 0.31‑acre lot with 111 feet of street frontage and prime curb visibility.