Adjacent Retail
For Sale
Contact for pricing
248 Bussey # 44-48, Dedham, MA 02026
Two connected commercial suites in a CVS-anchored center with parking and flexibility for retail or medical office use.
Property Size2,750 SF
Days on Market50
Property Features for 248 Bussey # 44-48
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Commercial
Zoning
BU1
Additional Details
Anchor Co-Tenants
CVS
Office Units
2
Taxes and HOA fees
Annual Taxes
$8
Building Details
Building Size
2,750 SF
Year Built
1960
Listing Agency:
Conviser Property Group, Inc.
(617) 593-1700
Listed By:
James Conviser
(617) 839-0456
Source:
Churchillprop
Added: Sep 6
Changed: Oct 6
Last Checked: Oct 24 at 3:23PM
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 Conviser Property Group, Inc.
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.
Two adjoining storefront suites provide a combined 2,750 square feet of commercial space, with individual areas of 1,250 SFT and 1,500 SFT. The property was built in 1960 and carries BU1 zoning. The stated use profile supports retail or medical office occupancy.
The suites are located at 248 Bussey # 44-48 in Dedham, within a CVS-anchored shopping center. On-site parking is described as ample, with the property positioned in East Dedham near Hyde Park and West Roxbury.
The suites are located at 248 Bussey # 44-48 in Dedham, within a CVS-anchored shopping center. On-site parking is described as ample, with the property positioned in East Dedham near Hyde Park and West Roxbury.
Key Highlights
- Two adjacent suites totaling 2,750 square feet
- Individual storefront sizes of 1250 SFT and 1500 SFT
- Located in a CVS‑anchored shopping center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,799
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,980
$936.0K
Cap Rate 7%
$668,557
$668.6K
Cap Rate 9%
$519,989
$520.0K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$68.6K $24.96/SF
− Vacancy
−$1.8K −$0.65/SF
EGI
$66.9K $24.31/SF
− OpEx
−$20.1K −$7.29/SF
NOI
$46.8K $17.02/SF
Area
Norfolk County, MA
Vacancy
2.60%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,980
Cap Rate 7%
$668,557
Cap Rate 9%
$519,989
Alternative Uses
Best Use
Retail
$668.6K
$585.0K – $780.0K
NOI $46,799 @ 7.0% cap · market cap 4,679,900.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,959 @ 7.0% cap · market cap 11,395,900.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
Dunkin' Donuts
Dining
11,555 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,473 visits/mo
0.1 miles
Demographics for 02026, MA
25,364
Population
10,648
Households
2.4
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,463
Density / Sq Mi
$124,375
Median Household Income
$74,594
Median Earnings
$2,058
Median Rent
$630,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- MyEasyFlowers — 63 Thomas St, Dedham, MA 02026
- MY EASY FLOWERS DEDHAM — 63 Thomas St, Dedham, MA 02026
- Stop & Shop Florist — 160 providence hwy, dedham, ma 02026
Frequently Asked Questions
What type of property is this?
Storefront property - Two connected commercial suites in a CVS-anchored center with parking and flexibility for retail or medical office use.
Where is this storefront property located?
The property is located at 248 Bussey # 44-48 Dedham, MA.
What are key features of this property?
This property features: Two adjacent suites totaling 2,750 square feet; Individual storefront sizes of 1250 SFT and 1500 SFT; Located in a CVS‑anchored shopping center
