Retail Suite with Full-Height
For Sale
Contact for pricing
199 South Avenue Unit A-1, Whitman, MA 02382
The new corner unit has covered exterior space and a dedicated parking-lot space.
Property Size9,978 SF
Price / SF$0.15
Days on Market10
Property Features for 199 South Avenue Unit A-1
General Information
Standard status
Active
Size
9,978 SF
Total Parking Spaces
1
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Amenities
floor-to-ceiling windows
outside covered space
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
Keller Williams Realty
(781) 843-3200
Listed By:
Richard Lannon · License #135497
(617) 571-8510
Source:
Lockandkeyre
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 28 at 7:25AM
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 Keller Williams Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 199 South Avenue, Unit A-1 is a 565-square-foot retail suite in a building completed in 2026. The corner space has full-height windows, covered outdoor area, and one parking-lot space. The interior is ready for a tenant’s build-out, with build-out arrangements open to discussion.
The property is on a corner lot in Whitman, with downtown and commuter rail within walking distance. On-street parking is also available nearby.
The property is on a corner lot in Whitman, with downtown and commuter rail within walking distance. On-street parking is also available nearby.
Key Highlights
- 565‑square‑foot corner retail suite
- Completed in 2026
- Full‑height windows and covered outdoor area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,943
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,278,860
$3.3M
Cap Rate 7%
$2,342,043
$2.3M
Cap Rate 9%
$1,821,589
$1.8M
Market Conditions
NOI Build-Up for 9,978 SF
Gross rent
$239.5K $24.00/SF
− Vacancy
−$5.3K −$0.53/SF
EGI
$234.2K $23.47/SF
− OpEx
−$70.3K −$7.04/SF
NOI
$163.9K $16.43/SF
Area
Plymouth County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,278,860
Cap Rate 7%
$2,342,043
Cap Rate 9%
$1,821,589
Alternative Uses
Best Use
Retail
$2.34M
$2.05M – $2.73M
NOI $163,943 @ 7.0% cap · market cap 10,929.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.91M
$5.17M – $6.89M
NOI $413,486 @ 7.0% cap · market cap 27,565.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 50%
Dunkin' Donuts
Dining
10,279 visits/mo
0.3 miles
7-Eleven
Shops & Services
5,852 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,498 visits/mo
0.3 miles
Demographics for 02382, MA
15,121
Population
6,031
Households
2.5
Avg Household Size
41
Median Age
29%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
2,191
Density / Sq Mi
$107,794
Median Household Income
$53,875
Median Earnings
$1,785
Median Rent
$456,400
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
Frequently Asked Questions
What type of property is this?
Retail space - The new corner unit has covered exterior space and a dedicated parking-lot space.
Where is this retail space located?
The property is located at 199 South Avenue Unit A-1 Whitman, MA.
What are key features of this property?
This property features: 565‑square‑foot corner retail suite; Completed in 2026; Full‑height windows and covered outdoor area
