East Bridgewater Retail Shopping
For Sale
$1,200,000
118 North Bedford St, East Bridgewater, MA 02333
Five-unit retail and residential property in East Bridgewater, Massachusetts.
Property Size5,652 SF
Lot Size0.37 Acres
Days on Market173
Property Features for 118 North Bedford St
General Information
Standard status
Active
Size
5,652 SF
Lot size
0.37 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,058
Building Details
Building Size
5,652 SF
Year Built
1925
Listing Agency:
EXIT Premier Real Estate
(508) 272-8761
Listed By:
Mark A. Maraglia · License #450000963
(508) 272-8761
Source:
Elliman
Added: Mar 10
Changed: Aug 28
Last Checked: Aug 28 at 2:06PM
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 EXIT Premier Real Estate
Investment Insights
Based on property information with market context.
This East Bridgewater property features a five-unit retail shopping center, suitable for investment or a 1031 exchange. The property includes four retail units on the first floor and one residential four-bedroom apartment on the second and third floors. The property is fully rented with long-term tenants. The location offers high visibility with a traffic count exceeding 20,000 cars per day. Improvements include a newer electrical service, a newer roof, and a newer common-use bathroom. The building is equipped with gas heat and central AC. This property is an investment opportunity.
Key Highlights
- Fully rented retail shopping center with long‑term tenants
- Ideal for a 1031 exchange
- High‑visibility location with a traffic count of 20,000+ cars per day
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
$92,865
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
7.74%
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%
$1,857,300
$1.9M
Cap Rate 7%
$1,326,643
$1.3M
Cap Rate 9%
$1,031,833
$1.0M
Market Conditions
NOI Build-Up for 5,652 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
$135.6K $24.00/SF
− Vacancy
−$3.0K −$0.53/SF
EGI
$132.7K $23.47/SF
− OpEx
−$39.8K −$7.04/SF
NOI
$92.9K $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%
$1,857,300
Cap Rate 7%
$1,326,643
Cap Rate 9%
$1,031,833
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,865 @ 7.0% cap · market cap 7.74%
Second Best
Mixed Use
$780.0K
$682.5K – $910.0K
NOI $54,598 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$3.35M
$2.93M – $3.90M
NOI $234,217 @ 7.0% cap · market cap 19.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 02333, MA
14,382
Population
5,165
Households
2.8
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
836
Density / Sq Mi
$128,679
Median Household Income
$53,850
Median Earnings
$1,566
Median Rent
$474,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit retail and residential property in East Bridgewater, Massachusetts.
Where is this mixed-use property located?
The property is located at 118 North Bedford St East Bridgewater, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully rented retail shopping center with long‑term tenants; Ideal for a 1031 exchange; High‑visibility location with a traffic count of 20,000+ cars per day
