Leased Retail Condo with
For Sale
$299,900
1794 Bridge St 13a, Dracut, MA 01826
Neighborhood retail condominium with an operating bakery, additional storage, and visibility within a strip mall setting.
Property Size1,300 SF
Price / SF$230.69
Days on Market65
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Property Features for 1794 Bridge St 13a
General Information
Standard status
Active
Size
1,300 SF
Occupancy
100%
Amenities
two restrooms
full basement
Building Details
Year Built
1985
Tenancy
Single
Listing Agency:
LAER Realty Partners
Listed By:
Daniel O'Connell Jr
(978) 551-5644
Source:
Lyvrealty
Added: Aug 12
Changed: Oct 15
Last Checked: Oct 15 at 2:28AM
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 LAER Realty Partners
Investment Insights
Based on property information with market context.
This retail condominium at 1794 Bridge St 13a is currently leased and operating as an established bakery. The approximately 1,300+ sq. ft. unit includes an efficient interior layout, two restrooms, and a full basement that adds substantial storage area. The property was built in 1985.
Positioned within a Dracut neighborhood retail plaza, the unit benefits from visibility in an established strip mall environment. The existing lease will be assumed by the new owner, and the space may support retail, food service, or professional use subject to local approvals.
Positioned within a Dracut neighborhood retail plaza, the unit benefits from visibility in an established strip mall environment. The existing lease will be assumed by the new owner, and the space may support retail, food service, or professional use subject to local approvals.
Key Highlights
- Approximately 1,300+ sq. ft. retail condominium unit
- Currently leased and operating as an established bakery
- Full basement provides additional storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,685
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,700
$373.7K
Cap Rate 7%
$266,929
$266.9K
Cap Rate 9%
$207,611
$207.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$28.5K $21.96/SF
− Vacancy
−$1.9K −$1.43/SF
EGI
$26.7K $20.53/SF
− OpEx
−$8.0K −$6.16/SF
NOI
$18.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,700
Cap Rate 7%
$266,929
Cap Rate 9%
$207,611
Alternative Uses
Best Use
Retail
$266.9K
$233.6K – $311.4K
NOI $18,685 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.6K
$673.4K – $897.9K
NOI $53,872 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
9,858 visits/mo
0.1 miles
Demographics for 01826, MA
32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Neighborhood retail condominium with an operating bakery, additional storage, and visibility within a strip mall setting.
Where is this retail space located?
The property is located at 1794 Bridge St 13a Dracut, MA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Approximately 1,300+ sq. ft. retail condominium unit; Currently leased and operating as an established bakery; Full basement provides additional storage space
