Renovated Industrial Building in
For Sale
$1,650,000
106 River St, Dedham, MA 02026
Renovated 3,756 SF industrial building on 0.31-acre lot for sale.
Property Size3,756 SF
Price / SF$439.30
Days on Market493
Property Features for 106 River St
General Information
Standard status
Active
Size
3,756 SF
Taxes and HOA fees
Annual Taxes
$17,373
Building Details
Year Built
1961
Listing Agency:
Thumbprint Realty, LLC
Listed By:
Huguens Pierre-Charles
Source:
Corcoran
Added: Jun 11, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,453
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,289,060
$1.3M
Cap Rate 7%
$920,757
$920.8K
Cap Rate 9%
$716,144
$716.1K
Market Conditions
NOI Build-Up for 3,756 SF
Gross rent
$112.7K $30.00/SF
− Vacancy
−$13.5K −$3.60/SF
EGI
$99.2K $26.40/SF
− OpEx
−$34.7K −$9.24/SF
NOI
$64.5K $17.16/SF
Area
Norfolk County, MA
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,289,060
Cap Rate 7%
$920,757
Cap Rate 9%
$716,144
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 02026, MA
25,364
Population
10,648
Households
2.4
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,463
Density / Sq Mi
$124,375
Median Household Income
$74,594
Median Earnings
$2,058
Median Rent
$630,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
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.
