Renovated Industrial Gem in
106 River St Dedham, MA 02026
106 River St, Dedham, MA, 02026
$1,580,000
Pending
For Sale
$1,580,000
Pending
Versatile 3,756 SF building suitable for various business ventures.
Property Size3,756 SF
Lot Size0.31 Acres
Days on Market283
Property Features for 106 River St
General Information
- Standard status
- Pending
- Size
- 3,756 SF
- Lot size
- 0.31 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1961
Listing Agency
Thumbprint Realty, LLC
(617) 287-9000
Listed by
Huguens Pierre-Charles
Source
Corcoran
Added: Oct 11, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:26 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 high curb visibility. Previously occupied by a restoration and cleaning company and a custom car wrap studio, the building is suitable for 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, updated systems, and on-site parking for over 12 vehicles. High bay ceilings and a flood-free zone are additional features.
Key Highlights
- 3,756 SF renovated industrial building on a 0.31‑acre lot
- Three functional drive‑in bays and high bay ceilings
- Zoned LM for light industrial use, suitable for various businesses
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 4.08%
Second Best
Retail
$913.1K
$799.0K – $1.07M
NOI $63,919 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$2.22M
$1.95M – $2.59M
NOI $155,648 @ 7.0% cap · market cap 9.85%
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
Similar For Sale Nearby
Similar Off Market Nearby
- Tex's Barbeque Express — 515 Sprague St, Dedham, MA 02026
- Top Notch Bartenders and Servers, LLC — 15 Lancaster Rd, Dedham, MA 02026
FAQs
What type of property is this?
Flex space - Versatile 3,756 SF building suitable for various business ventures.
Where is this flex space located?
The property is located at 106 River St Dedham, MA.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: 3,756 SF renovated industrial building on a 0.31‑acre lot; Three functional drive‑in bays and high bay ceilings; Zoned LM for light industrial use, suitable for various businesses
