Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Condo on Route 38 Title is generated by Realmo AI

    1794 Bridge Street, Dracut, MA 01826

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $350,000

    Two-level condo in Bridgewood Plaza, ideal for diverse commercial uses.

    Type:OFC, SCR
    Added:
    Feb 20, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 3 at 4:55 am

    Property Features for 1794 Bridge Street

    General Information

    Standard status
    Active
    Property subtype
    OFC, SCR

    Building Details

    Year Built
    1987

    We can help!

    Listing Contact
    Lauren Defrancesco
    Lauren Defrancesco

    Listing agent Lauren Defrancesco License #9576270, MA, NH

    Listing office KW Commercial | Faulkner Commercial Group

    Listing date Feb 20, 2026

    Source Realnex

    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 KW Commercial | Faulkner Commercial Group

    HighLights

    • High‑visibility location on Route 38 within the well‑established Bridgewood Plaza.
    • Versatile B‑4 zoning allows for a broad range of commercial uses.
    • Spacious two‑level layout provides adaptable floor plan on the main level and substantial lower‑level space.
    • Ideal for owner‑occupants or investors seeking a well‑located asset.
    • Adaptable floor plan currently configured for an IT services business, offering flexibility.
    • Lower level provides substantial additional space ideal for storage.

    Overview

    This two-level commercial condominium is located in the Bridgewood Plaza complex, situated along high-visibility Route 38. The property is zoned B-4, accommodating a range of permitted uses such as retail, restaurant, medical, professional services, office, and other commercial applications. Prospective buyers are advised to verify permitted uses directly with the township. The main level features an open, adaptable floor plan currently configured for an IT services business, offering flexibility for various operational layouts. The lower level provides additional space suitable for storage, inventory, or back-of-house support, enhancing overall functionality. This property is suitable for an owner-occupant seeking long-term control of their space or for an investor targeting a well-located asset with consistent exposure and versatile use potential. Prospective purchasers should perform due diligence for their intended use.
    Location Intelligence

    Current Use by Public Records

    Ultrasound RN Vocational School dracut flower delivery (Bike/Boat/Book/etc) Store A-Brews Tap & Grill Restaurant Lisa Pilato Dance ... Training Center Mark Dupont CPA, ... Tax Preparation

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dracut
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3108691
    Latitude
    42.6844366

    Nearby Similar for Sale

    • $425,000
      2,400 SF

      Renovated Commercial Condo For Sale

      Two-level commercial condo with flexible zoning and ample parking.
      1794 Bridge St #4, Dracut, MA 01826
      View Details
    • $350,000

      Bridgewood Plaza Commercial Condominium

      Two-level commercial condo in Bridgewood Plaza, Route 38.
      1794 Bridge St #8A, Dracut, MA 01826
      View Details
    • $325,000
      1,300 SF

      Dracut Commercial Condo For Sale

      Leased commercial condo in Dracut, ideal for investors.
      1794 Bridge St 13A, Dracut, MA 01826
      View Details
    • $325,000
      1,300 SF

      Dracut Commercial Condo For Sale

      Commercial condo in Dracut, leased to established bakery.
      1794 Bridge St #13A, Dracut, MA 01826
      View Details
    • $629,999

      Charming Duplex on Large Lot

      Rare, private duplex with income potential on 1.17 acres.
      61 Ruth, Dracut, MA 01826
      View Details
    • $105,000

      Commercial Space with Reception Area

      Versatile commercial space suitable for various professional uses.
      1794 Bridge St 13B, Dracut, MA 01826
      View Details
    • $105,000

      Commercial Space with Reception Area

      Versatile commercial space suitable for various professional uses.
      1794 Bridge St #13B, Dracut, MA 01826
      View Details
    • $350,000
      2,808 SF

      Commercial Condo in Bridgewood Plaza

      Two-level commercial condo in high-visibility location, versatile B-4 zoning.
      1794 Bridge Street, Unit 8A, Dracut, MA 01826
      View Details
    • $1,200,000
      1,828 SF

      Commercial Property on Busy Route

      B3 Zoned commercial property on a high traffic route.
      1255 Bridge Street, Dracut, MA 01826
      View Details
    • Contact for pricing
      14,000 SF

      Freestanding Warehouse/Industrial Building For Sale

      14,000 SF warehouse/industrial building on 4.41 AC near I-93.
      29 Diana Ln, Dracut, MA 01826
      View Details

    FAQs

    What type of property is this?
    Office units - Two-level condo in Bridgewood Plaza, ideal for diverse commercial uses.
    Where is this office units located?
    The property is located at 1794 Bridge Street Dracut, MA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: High‑visibility location on Route 38 within the well‑established Bridgewood Plaza.; Versatile B‑4 zoning allows for a broad range of commercial uses.; Spacious two‑level layout provides adaptable floor plan on the main level and substantial lower‑level space.
    (978) 609-8689
    We can help!
    Listing Contact
    Lauren Defrancesco
    Lauren Defrancesco
    Real Estate License ID: 9576270, MA, NH
    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
    1794 Bridge Street, Dracut, MA 01826
    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!