Mixed-Use Development
839 Park Stoughton, MA 02172
For Sale
$950,000
Pending
Mixed-use building with retail, residential, and parking potential.
Property Size5,000 SF
Lot Size0.89 Acres
Days on Market93
Property Features for 839 Park
General Information
Standard status
Pending
Size
5,000 SF
Lot size
0.89 Acres
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
DMG Brokerage
(617) 894-2266
Listed By:
Jeff Similien · License #449590740
(617) 894-2266
Source:
Elliman
Added: Apr 28
Changed: Jul 10
Last Checked: Jul 27 at 5:54AM
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 DMG Brokerage
Investment Insights
Based on property information with market context.
This property presents a development opportunity for a mixed-use building. The plan allows for over 20 residential units, approximately 10,000 square feet of commercial retail space, and more than 30 parking spaces. The property includes a 5,000 square foot space formerly occupied by Piezonies Pizza, equipped for dine-in service, making it suitable for a restaurant. The lot is approximately 39,000 square feet. The location benefits from high traffic and proximity to the Avon line, with convenient access to Route 24 and other major highways. Ample on-site parking is available for both customers and staff. The property is surrounded by shops, restaurants, and residential communities, ensuring consistent foot traffic. Additionally, the property generates rental income from a neighboring tenant. The location has a walk score of 87, indicating it is very walkable, and a bike score of 50, indicating it is bikeable.
Key Highlights
- Prime development opportunity for a mixed‑use building with over 20 residential units, 10K SQft of commercial retail spaces and more than 30 parking spaces.
- High‑traffic location near the Avon line with easy access to Route 24 and major highways.
- Includes additional rental income from a neighboring tenant.
Financial Insights For Retail
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 | $124.8k | $24.96 |
| − Vacancy | −$3.2k | −$0.65 |
| EGI | $121.6k | $24.31 |
| − OpEx | −$36.5k | −$7.29 |
| NOI | $85.1k | $17.02 |
5,000 SF · lease $24.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.22M
$1.06M – $1.42M
NOI $85,089 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,640 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,199 @ 7.0% cap · market cap 21.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with retail, residential, and parking potential.
Where is this mixed-use property located?
The property is located at 839 Park Stoughton, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime development opportunity for a mixed‑use building with over 20 residential units, 10K SQft of commercial retail spaces and more than 30 parking spaces.; High‑traffic location near the Avon line with easy access to Route 24 and major highways.; Includes additional rental income from a neighboring tenant.
