Building Details

Year Built 1970

Listing Agency: Keller Williams South Watuppa c***@kw.com Show Phone

Listed By: The Souza Group Show Phone

Source: Liongatere

Added: Apr 22 Changed: Jul 10 Last Checked: Jul 31 at 3:09AM

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Investment Insights

Based on property information with market context.

This 3200 sq ft retail space presents an exciting business prospect in a prime location. Situated directly off Route 6 in a bustling area with high traffic, the property is conveniently located near the highway. The town has classified this area as an opportunity hub and is actively developing plans to elevate its appeal and amenities, potentially enhancing the business environment for future tenants. This space is suitable for diverse business ventures.

Key Highlights

• Prime location off a bustling area with high traffic
• Spacious 3200 sq ft area suitable for diverse business ventures
• Conveniently located near the highway and directly off Rt 6

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

328

Businesses Nearby

131k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 64% Home Improvements & Furnishings 34% Shops & Services 2%

The Home Depot Home Improvements & Furnishings

44,037 visits/mo 0.5 miles

SONIC Drive In Dining

33,972 visits/mo 0.5 miles

Starbucks Dining

12,233 visits/mo 0.4 miles

Dunkin' Donuts Dining

10,526 visits/mo 0.4 miles

KFC Dining

10,200 visits/mo 0.5 miles

Demographics for 02726, MA

15,671

Population

6,719

Households

2.3

Avg Household Size

46

Median Age

37%

College-Educated

93%

High-School Grad

5.5 sq mi

ZIP Area

2,849

Density / Sq Mi

$110,427

Median Household Income

$65,106

Median Earnings

$1,316

Median Rent

$389,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Spacious retail space in high-traffic area, opportunity hub.

Where is this retail space located?

The property is located at 285 Slades Ferry Ave Somerset, MA.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Prime location off a bustling area with high traffic; Spacious 3200 sq ft area suitable for diverse business ventures; Conveniently located near the highway and directly off Rt 6