Commercial Flex
289 Winthrop #4, Rehoboth, MA 02769
For Sale
Contact for pricing
Flexible commercial space with on-site parking and immediate availability along Route 44.
Property Size1,980 SF
Price / SF$1.31
Days on Market53
Property Features for 289 Winthrop #4
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
RE/MAX Integrity
(508) 738-8092
Listed By:
Jean M. Grota · License #453003643
(508) 714-9180
Source:
Lockandkeyre
Added: Sep 18
Changed: Nov 8
Last Checked: Nov 8 at 5:47AM
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 RE/MAX Integrity
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Investment Insights
Based on property information with market context.
This 1,980-square-foot flex space is located within a commercial property built in 1954 and is available for immediate occupancy. The layout is suited to flexible commercial use, with on-site parking provided for employees and customers.
The property is positioned directly on Route 44 in Rehoboth, Massachusetts. The occupant is responsible for all utilities, providing a clear operating arrangement for the space.
The property is positioned directly on Route 44 in Rehoboth, Massachusetts. The occupant is responsible for all utilities, providing a clear operating arrangement for the space.
Key Highlights
- 1,980 square feet of commercial flex space
- Directly on Route 44 in Rehoboth
- Immediate occupancy available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,376
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,520
$387.5K
Cap Rate 7%
$276,800
$276.8K
Cap Rate 9%
$215,289
$215.3K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$29.7K $15.00/SF
− Vacancy
−$2.0K −$1.02/SF
EGI
$27.7K $13.98/SF
− OpEx
−$8.3K −$4.19/SF
NOI
$19.4K $9.79/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,520
Cap Rate 7%
$276,800
Cap Rate 9%
$215,289
Alternative Uses
Best Use
Flex RnD
$889.5K
$778.3K – $1.04M
NOI $62,263 @ 7.0% cap · market cap 2,394.73%
Second Best
Industrial
$276.8K
$242.2K – $322.9K
NOI $19,376 @ 7.0% cap · market cap 745.23%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,405 @ 7.0% cap · market cap 3,246.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02769, MA
12,521
Population
4,845
Households
2.6
Avg Household Size
46
Median Age
42%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
267
Density / Sq Mi
$126,161
Median Household Income
$59,209
Median Earnings
$1,304
Median Rent
$487,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Bristol County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space with on-site parking and immediate availability along Route 44.
Where is this flex space located?
The property is located at 289 Winthrop #4 Rehoboth, MA.
What are key features of this property?
This property features: 1,980 square feet of commercial flex space; Directly on Route 44 in Rehoboth; Immediate occupancy available
