Street-Level Storefront with
For Sale
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28-42 Commercial St Unit 28, Braintree, MA 02184
Street-level retail/office unit with flexible layout, two restrooms, and an additional full basement.
Property Size1,800 SF
Price / SF$2.00
Days on Market97
Property Features for 28-42 Commercial St Unit 28
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Additional Details
Floor
Street Level
Public Transit
Yes
Building Details
Year Built
1926
Listing Agency:
Dream Realty
(617) 302-2311
Listed By:
Lin Xu
(617) 686-6238
Source:
Lockandkeyre
Added: Jul 27
Changed: Oct 29
Last Checked: Oct 30 at 3:17PM
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 Dream Realty
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Investment Insights
Based on property information with market context.
This street-level storefront unit is well suited for a variety of commercial uses, with a flexible layout designed to support concepts such as restaurant, spa, office, retail, beauty services, or studio. The unit includes two restrooms and an additional full basement that can be used for storage or supplementary space.
Located at 28-42 Commercial St, Unit 28 in Braintree, the space benefits from established surrounding businesses and convenient public transportation access. It is described as being just a 4-minute walk to the MBTA commuter rail, supporting customer convenience and day-to-day accessibility.
The property was built in 1926 and includes approximately 1,800 SF of space for the tenant’s operating needs.
Located at 28-42 Commercial St, Unit 28 in Braintree, the space benefits from established surrounding businesses and convenient public transportation access. It is described as being just a 4-minute walk to the MBTA commuter rail, supporting customer convenience and day-to-day accessibility.
The property was built in 1926 and includes approximately 1,800 SF of space for the tenant’s operating needs.
Key Highlights
- Street‑level storefront unit with flexible layout for multiple commercial uses
- Two restrooms
- Additional full basement for storage or supplementary use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,632
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,640
$612.6K
Cap Rate 7%
$437,600
$437.6K
Cap Rate 9%
$340,356
$340.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$44.9K $24.96/SF
− Vacancy
−$1.2K −$0.65/SF
EGI
$43.8K $24.31/SF
− OpEx
−$13.1K −$7.29/SF
NOI
$30.6K $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%
$612,640
Cap Rate 7%
$437,600
Cap Rate 9%
$340,356
Alternative Uses
Best Use
Retail
$437.6K
$382.9K – $510.5K
NOI $30,632 @ 7.0% cap · market cap 850.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap · market cap 2,072.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 02184, MA
39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- European Flower Studio — 53 King Ave, Weymouth, MA 02188
- Ray’s Creations — 188 Washington St, Weymouth, MA 02188
Frequently Asked Questions
What type of property is this?
Storefront property - Street-level retail/office unit with flexible layout, two restrooms, and an additional full basement.
Where is this storefront property located?
The property is located at 28-42 Commercial St Unit 28 Braintree, MA.
What are key features of this property?
This property features: Street‑level storefront unit with flexible layout for multiple commercial uses; Two restrooms; Additional full basement for storage or supplementary use
