Flex Space with Drive-In
New
For Sale
Contact for pricing
1380 Bedford Unit 1B, Bridgewater, MA 02324
A single-level unit combines office area, garage space, separate utilities, and parking within a multi-unit building.
Property Size1,240 SF
Price / SF$1.45
Days on Market4
Property Features for 1380 Bedford Unit 1B
General Information
Standard status
Active
Size
1,240 SF
Property subtype
Commercial
Building Details
Year Built
1998
Listing Agency:
Prisco's Five Star Real Estate
(508) 697-2211
Listed By:
Eileen Prisco · License #447000022
(508) 612-7666
Source:
Lockandkeyre
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:04PM
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 Prisco's Five Star Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,240-square-foot flex space pairs a small office with garage area in a single-level layout. A drive-in bay supports direct vehicle access, while mini-split equipment provides heating and air conditioning. The unit is part of a building containing other units and has separate utilities and parking.
Built in 1998, the property is located at 1380 Bedford Unit 1B in Bridgewater, Massachusetts. Lease terms are required.
Built in 1998, the property is located at 1380 Bedford Unit 1B in Bridgewater, Massachusetts. Lease terms are required.
Key Highlights
- 1,240 SF flex space with office and garage areas
- Drive‑in bay
- Single‑level layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,190
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,800
$263.8K
Cap Rate 7%
$188,429
$188.4K
Cap Rate 9%
$146,556
$146.6K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$19.9K $16.08/SF
− Vacancy
−$1.1K −$0.88/SF
EGI
$18.8K $15.20/SF
− OpEx
−$5.7K −$4.56/SF
NOI
$13.2K $10.64/SF
Area
Plymouth County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,800
Cap Rate 7%
$188,429
Cap Rate 9%
$146,556
Alternative Uses
Best Use
Flex RnD
$328.2K
$287.1K – $382.9K
NOI $22,971 @ 7.0% cap · market cap 1,276.17%
Second Best
Industrial
$188.4K
$164.9K – $219.8K
NOI $13,190 @ 7.0% cap · market cap 732.78%
Theoretical Best
Office A
$734.1K
$642.3K – $856.4K
NOI $51,385 @ 7.0% cap · market cap 2,854.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02324, MA
25,676
Population
9,770
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
94%
High-School Grad
27.0 sq mi
ZIP Area
951
Density / Sq Mi
$112,445
Median Household Income
$57,560
Median Earnings
$1,975
Median Rent
$500,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A single-level unit combines office area, garage space, separate utilities, and parking within a multi-unit building.
Where is this flex space located?
The property is located at 1380 Bedford Unit 1B Bridgewater, MA.
What are key features of this property?
This property features: 1,240 SF flex space with office and garage areas; Drive‑in bay; Single‑level layout
