428-430 Bay St, Taunton, MA 02780

Building Details

Building Size 1,960 SF More

Year Built 1960 More

Buildings 2 More

Listing Agency: Conway - Dartmouth Show Phone

Listed By: William Correia Show Phone

Source: Iverty

Added: Sep 14 Changed: Nov 8 Last Checked: Nov 8 at 6:16AM

Report an Issue

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 Conway - Dartmouth

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Two retail buildings at 428-430 Bay St contain more than 6,000 square feet combined. The sale includes two businesses and their inventory: one offering tobacco products and household goods, and another focused on cake-decorating and party supplies. Both sides have full basements; the Goldstein building also has a second-floor workshop and office. The Goldstein storefront has a renewed exterior finish and a replacement rubber roof. The property dates to 1960.

Municipal parking is available. The property is in Taunton, Massachusetts.

Key Highlights

• Two separate storefronts and two retail businesses included in the sale
• More than 6,000 square feet across two buildings
• Full basements on both sides of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,254

Cap Rate

5.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$805,080 $805.1K

Cap Rate 7%

$575,057 $575.1K

Cap Rate 9%

$447,267 $447.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,960 SF

Gross rent

$58.8K $30.00/SF

− Vacancy

−$1.3K −$0.66/SF

EGI

$57.5K $29.34/SF

− OpEx

−$17.3K −$8.80/SF

NOI

$40.3K $20.54/SF

Area

Bristol County, MA

Vacancy

2.20%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$805,080

Cap Rate 7%

$575,057

Cap Rate 9%

$447,267

Alternative Uses

Best Use

Retail

$575.1K

$503.2K – $670.9K (±1% cap)

NOI $40,254 @ 7.0% cap · market cap 5.03%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,552 @ 7.0% cap · market cap 10.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical Service

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

403

Businesses Nearby

31k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 67% Dining 33%

Dollar Tree Shops & Services

20,701 visits/mo 0.4 miles

Dunkin' Donuts Dining

10,334 visits/mo 0.3 miles

Demographics for 02780, MA

52,299

Population

22,454

Households

2.3

Avg Household Size

41

Median Age

24%

College-Educated

85%

High-School Grad

33.1 sq mi

ZIP Area

1,580

Density / Sq Mi

$75,054

Median Household Income

$48,454

Median Earnings

$1,257

Median Rent

$377,800

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Bristol County, MA

$186 Jul

$151 Aug

$143 Sep

$119 Oct

Properties on Market for Storefront properties in Bristol County

Jul

Aug

Sep

Oct

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

Similar For Sale Nearby

See more

Mixed-Use Building with Retail

1 Taunton Office Bld, Taunton, MA 02780

$449,900

3,133 SF

View details

Updated Storefront Property

20 MAIN ST, Taunton, MA 02780

$355,000

View details

Shopping Center With Supermarket Anchor

51 Tremont Street, Taunton, MA 02780

Contact for pricing

View details

Two-Unit Duplex with Townhouse Layout

8 Kilmer Avenue, Taunton, MA 02780

$699,900

2,074 SF

View details

Custom-Built Duplex with Powered Shed

87 Kilmer Ave, Taunton, MA 02780

$799,900

View details

Duplex with Updated Roof

10 Oak Avenue, Taunton, MA 02780

$695,000

1,743 SF

View details

Three-Unit Triplex

99 Winthrop Street, Taunton, MA 02780

$649,900

2,196 SF

View details

Well-Maintained Three-Family Home

34 Adams Street, Taunton, MA 02780

$650,000

2,210 SF

View details

Well-Maintained Taunton Three-Family Property

46 Adams Street, Taunton, MA 02780

$650,000

2,237 SF

View details

Renovated Two-Unit Duplex

12 Campbell Ct, Taunton, MA 02718

$574,900

1,734 SF

View details

Two-Family Duplex with Barn Garage

16 Walnut Street, Taunton, MA 02780

$749,900

2,600 SF

View details

Duplex with Two-Car Garage

98 E Water St, Taunton, MA 02780

$732,900

2,844 SF

View details

Similar Off Market Nearby

• Robin's Corner Flower Shop — 180 Broadway, Taunton, MA 02780

Frequently Asked Questions

What type of property is this?

Storefront property - The sale combines two retail businesses, their merchandise, and separate storefronts in one property.

Where is this storefront property located?

The property is located at 428-430 Bay St Taunton, MA.

What is the asking price?

The asking price for this property is $799,900.

What are key features of this property?

This property features: Two separate storefronts and two retail businesses included in the sale; More than 6,000 square feet across two buildings; Full basements on both sides of the property