Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    549 Central Ave Seekonk, MA 2771

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,800 /Mo

    Large commercial space suitable for retail, salon, spa, childcare.

    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 12:18 pm

    Property Features for 549 Central Ave

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1962

    We can help!

    Listing Contact
    Susan Lee
    Susan Lee

    Listing agent Susan Lee

    Listing office Keller Williams Elite

    Listing date Apr 22, 2026

    Source Liongatere

    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 Keller Williams Elite

    Overview

    Commercial/Retail Space for Lease

    This large commercial space, previously used as a Health and Wellness Studio, is available for lease in a well-maintained plaza. The property benefits from high visibility and traffic. Potential uses include retail, salon, spa, childcare, yoga, fitness, and restaurant. The property has potential for a drive-through window. The lease is base plus utilities and NNN.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Accounting Firm Auto Repair Shop Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seekonk
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.3217393
    Latitude
    41.9002481

    Nearby Similar for Lease

    • $2,800/Mo

      Seekonk Retail Space For Lease

      Commercial/Retail space in well-maintained plaza with high visibility.
      549 Central Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru Potential

      Retail spaces available with drive-thru, delivery Spring 2026.
      Seekonk, MA 02771
      View Details
    • Contact for pricing

      Retail Pads Available For Lease

      Retail pads available for lease, up to 7,500 SF each.
      1110 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing

      Restaurant Space on Major Route

      Former full-service restaurant in high-traffic area available for rent.
      353 Highland Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing

      Retail Space with Pylon Signage

      Retail spaces available with high traffic and pylon signage.
      35 Highland Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing

      Seekonk Retail Space Available

      Retail space with mezzanine and loading docks in Seekonk.
      98 Highland Ave, Seekonk, MA
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      2,200 SF retail space with drive-thru, available Q1 2025.
      1200 Fall River Ave, Seekonk, MA
      View Details
    • Contact for pricing

      Retail Spaces in Seekonk, MA

      Retail and restaurant spaces available with pylon signage and signalized access.
      150 Highland Ave, Seekonk, MA
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail and restaurant spaces available in Seekonk, Massachusetts.
      120 Highland Ave, Seekonk, MA
      View Details
    • $16 SF/Yr

      Seekonk Warehouse with Loading Docks

      7,200 SF warehouse with loading docks for lease.
      1882 Fall River Ave, Seekonk, MA
      View Details
    • Contact for pricing

      Seekonk Retail Space Available

      Retail spaces available with high traffic and signage opportunities.
      35-45 Highland Ave, Seekonk, MA
      View Details
    • $19 SF/Yr

      Retail Space on Route 6

      Retail space for lease on a major retail corridor.
      1201-1205 Fall River Ave, Seekonk, MA
      View Details

    FAQs

    What type of property is this?
    Retail space - Large commercial space suitable for retail, salon, spa, childcare.
    Where is this retail space located?
    The property is located at 549 Central Ave Seekonk, MA.
    What is the lease rate?
    The lease rate is $2,800 /Mo.
    What are key features of this property?
    This property features: High visibility and traffic location in a well‑maintained plaza.; Suitable for multiple uses: retail, salon, spa, childcare, yoga, fitness, restaurant, etc.; Large commercial space.
    (508) 369-8239
    We can help!
    Listing Contact
    Susan Lee
    Susan Lee
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!