Corner Retail Suite with Covered
199 South Avenue #A-3, Whitman, MA 02382
For Sale
Contact for pricing
Floor-to-ceiling windows and a covered outdoor area add useful features to this new commercial suite.
Property Size9,978 SF
Price / SF$0.20
Days on Market23
Property Features for 199 South Avenue #A-3
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Utilities to Site
Amenities
handicap access
floor-to-ceiling windows
outside covered space
walkability to downtown and commuter rail
Building Details
Year Built
Listing Agency:
Keller Williams Realty
(781) 843-3200
Listed By:
Richard Lannon · License MA #135497
(617) 571-8510
Source:
Lockandkeyre
Added: Oct 20
Changed: Nov 10
Last Checked: Nov 10 at 7:24AM
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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Investment Insights
Based on property information with market context.
This 740-square-foot retail condominium occupies the front-right corner of a commercial building at 199 South Avenue. Built in 2026, the suite has floor-to-ceiling windows, a covered outdoor area, and accessible entry. It is delivered ready for tenant build-out, with the builder open to discussing that work.
The corner-lot property provides one parking space for the suite, along with on-street parking. Downtown and the commuter rail are described as walkable destinations, offering nearby pedestrian activity.
The corner-lot property provides one parking space for the suite, along with on-street parking. Downtown and the commuter rail are described as walkable destinations, offering nearby pedestrian activity.
Key Highlights
- 740‑square‑foot retail condominium
- Built in 2026
- Front‑right corner location with accessible entry
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
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.91M
$5.17M – $6.89M
NOI $413,486 @ 7.0% cap
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
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
$456,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Plymouth County, MA
Properties on Market for Retail space in Plymouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Floor-to-ceiling windows and a covered outdoor area add useful features to this new commercial suite.
Where is this retail space located?
The property is located at 199 South Avenue #A-3 Whitman, MA.
What are key features of this property?
This property features: 740‑square‑foot retail condominium; Built in 2026; Front‑right corner location with accessible entry
