Corner Gas
For Sale
$1,350,000
82 Bridge St, Fairhaven, MA 02719
Operating gas station with automotive service capabilities, municipal utilities, and required town and state approvals.
Property Size2,684 SF
Days on Market8
Property Features for 82 Bridge St
General Information
Standard status
Active
Size
2,684 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$8,521
Building Details
Building Size
2,684 SF
Year Built
1940
Listing Agency:
Coastal Realty
Listed By:
Richard Trapilo · License #105076-B
(774) 644-3420
Source:
Classifiedrealtygroup
Added: Sep 18
Changed: Sep 21
Last Checked: Sep 24 at 7:10AM
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 Coastal Realty
Investment Insights
Based on property information with market context.
Built in 1940, this corner gas station combines fuel operations with an automotive service business. The property includes a 10,000-gallon gasoline tank and an 8,000-gallon diesel tank, along with town and state approvals, licenses, and inspection certifications. The operation completes approximately 2,000 vehicle inspections annually.
Located at 82 Bridge St in Fairhaven, the property occupies a visible corner position in Bristol County. Service is provided by town water and sewer, natural gas, and municipal utilities. The sale includes an established operating business and the associated real estate, with seller training and transition assistance available to support the ownership change.
Located at 82 Bridge St in Fairhaven, the property occupies a visible corner position in Bristol County. Service is provided by town water and sewer, natural gas, and municipal utilities. The sale includes an established operating business and the associated real estate, with seller training and transition assistance available to support the ownership change.
Key Highlights
- 10,000‑gallon gasoline tank and 8,000‑gallon diesel tank
- Approximately 2,000 vehicle inspections annually
- Town and state approvals, licenses, and inspection certifications included
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
$55,124
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
4.08%
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%
$1,102,480
$1.1M
Cap Rate 7%
$787,486
$787.5K
Cap Rate 9%
$612,489
$612.5K
Market Conditions
NOI Build-Up for 2,684 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
$80.5K $30.00/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$78.7K $29.34/SF
− OpEx
−$23.6K −$8.80/SF
NOI
$55.1K $20.54/SF
Area
Bristol County, MA
Vacancy
2.20%
Lease Rate
$30.00 /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%
$1,102,480
Cap Rate 7%
$787,486
Cap Rate 9%
$612,489
Alternative Uses
Best Use
Retail
$787.5K
$689.1K – $918.7K
NOI $55,124 @ 7.0% cap · market cap 4.08%
Second Best
Specialty Retail
$506.2K
$443.0K – $590.6K
NOI $35,437 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,416 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 16%
Apparel 4%
Cumberland Farms
Shops & Services
15,210 visits/mo
0.3 miles
Honey Dew Donuts
Dining
5,328 visits/mo
0.3 miles
Cumberland Farms
Shops & Services
4,185 visits/mo
0.4 miles
Santander Bank
Shops & Services
3,737 visits/mo
0.4 miles
Pet Depot
Shops & Services
3,279 visits/mo
0.3 miles
Demographics for 02719, MA
15,924
Population
7,777
Households
2
Avg Household Size
49
Median Age
30%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,284
Density / Sq Mi
$92,500
Median Household Income
$57,781
Median Earnings
$1,071
Median Rent
$407,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Gas station - Operating gas station with automotive service capabilities, municipal utilities, and required town and state approvals.
Where is this gas station located?
The property is located at 82 Bridge St Fairhaven, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10,000‑gallon gasoline tank and 8,000‑gallon diesel tank; Approximately 2,000 vehicle inspections annually; Town and state approvals, licenses, and inspection certifications included
