Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High-Visibility Commercial Building with Drive-Thru Title is generated by Realmo AI

    386 Washington St, Stoughton, MA 02072

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $31 SF/Yr $6,393/Mo (calc)

    2,475 SF freestanding building with drive-thru and parking.

    Property size:
    2,475 SF
    Added:
    Jul 15, 2024
    Days on Market:
    678
    Last Refresh:
    May 19 at 11:24 pm

    Property Features for 386 Washington St

    General Information

    Standard status
    Active
    Size
    2,475 SF

    We can help!

    Listing Contact
    Linda Houllahan

    Listing agent Linda Houllahan

    Listing office Jacob Realty, LLC

    Listing date Jul 15, 2024

    Source Exprealty

    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 Jacob Realty, LLC

    HighLights

    • High‑traffic location at the intersection of Rte 138 (Washington Street) and Central Street.
    • Drive‑thru equipped free‑standing building.
    • 2,475 sf building with 16 on‑site parking spots.
    • Excellent visibility.
    • Pylon signage.
    • Zoned General Business with possibilities for Retail, QSR, Fast Food, Drive‑thru, Restaurant, Office, Medical, Dental, etc.

    Overview

    This 2,475 square foot freestanding building is located at the heavily traveled intersection of Route 138 (Washington Street) and Central Street, offering excellent visibility and high traffic count. The property includes a drive-thru and 16 on-site parking spots. Zoned for General Business, it presents opportunities for retail, quick-service restaurants, fast food, drive-thru establishments, restaurants, office spaces, medical facilities, and dental practices. Pylon signage is available, enhancing visibility for businesses seeking an easily accessible location.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Stoughton Flower Shop — 681 Washington St, Stoughton, MA 02072
    • Stop & Shop Florist — 278 Washington St, Stoughton, MA 02072

    Location Insight

    • Map
    • Local Demand
    City
    Stoughton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1012957
    Latitude
    42.1352588

    Nearby Similar for Lease

    • $5 SF/Yr
      9,807 SF

      Stoughton Commercial Space for Rent

      Commercial space suitable for education nonprofit in Stoughton, MA.
      2 Park Ave, Stoughton, MA 02072
      View Details
    • $3,800/Mo
      6,500 SF

      Versatile Office/Flex Space Available

      4,500-6,500 SF office/flex space for immediate occupancy.
      95 Mill St, Stoughton, MA 02072
      View Details
    • $3,500/Mo
      1,800 SF

      Stoughton Office Space For Rent

      1800 SF office space in downtown Stoughton.
      19 Park St #1, Stoughton, MA 02072
      View Details
    • $495/Mo

      Office Space with Included Utilities

      Office space available with utilities, conference room, and kitchen.
      7 Cabot Place #10, Stoughton, MA 02072
      View Details
    • $1.00 SF/Yr
      1,000 SF

      Professionally Maintained Office Space Available

      Office space available immediately in professionally maintained building.
      331 Page St #8-9, Stoughton, MA 02072
      View Details
    • $5 SF/Yr
      9,807 SF

      Spacious Building in Stoughton, MA

      Large, clean building suitable for education nonprofit in Stoughton.
      2 Park Ave, Stoughton, MA 02072
      View Details
    • Contact for pricing
      12,500 SF

      Retail Space on Route 138

      12,500 SF retail space with high visibility on Route 138.
      1778 Washington Street, Stoughton , MA 02072
      View Details
    • Contact for pricing
      5,500 SF

      Stoughton Flex, Industrial, Lab Space

      Class A flex, industrial, and lab space available for lease.
      800 Technology Center Dr, Stoughton, MA 02072
      View Details
    • $1,800/Mo
      1,000 SF

      Stoughton Office Suite For Rent

      Office suite in professional building with wellness community, available now.
      294 Pleasant St #105, Stoughton, MA 02072
      View Details
    • $31 SF/Yr
      2,475 SF

      Freestanding Building with Drive-Thru

      2,475 SF freestanding building with drive-thru and parking.
      386 Washington St, Stoughton, MA 02072
      View Details
    • $3,800/Mo
      1,800 SF

      Stoughton Office Space For Rent

      1800 SF office space in downtown Stoughton.
      19 Park St #1, Stoughton, MA 02072
      View Details
    • $950/Mo

      Versatile Garage and Office Space

      Two-story rental with garage, office space, and included utilities.
      84 Pearl St #G, Stoughton, MA 02072
      View Details

    FAQs

    What type of property is this?
    Storefront property - 2,475 SF freestanding building with drive-thru and parking.
    Where is this storefront property located?
    The property is located at 386 Washington St Stoughton, MA.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: High‑traffic location at the intersection of Rte 138 (Washington Street) and Central Street.; Drive‑thru equipped free‑standing building.; 2,475 sf building with 16 on‑site parking spots.
    (617) 852-7052
    We can help!
    Listing Contact
    Linda Houllahan
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    386 Washington St, Stoughton, MA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!