597 Dartmouth St #AB Dartmouth, MA 02748
Two renovated retail units on a highly visible corner lot with established tenant income in place.
- Added:
- Jan 13, 2026
- Days on Market:
- 181
- Last Refresh:
- Jul 9 at 3:20 am
Property Features for 597 Dartmouth St #AB
General Information
- Standard status
- Active
- Size
- 1,650 SF
Building Details
- Year Built
- 1950
Listing office Coastal Realty
Listing date Jan 13, 2026
Source Insightrealtygroup
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 Coastal Realty
Investment Insights
Based on property information with market context.
The property is located at 597 Dartmouth St, #AB, Dartmouth, MA 02748 on a highly visible corner lot within a thriving commercial district, providing strong exposure and accessibility. Recent exterior improvements include updated siding, downspouts, and gutters.
Interior updates include fresh paint, lighting, floor leveling, restrooms, and common areas and systems such as a common sink, oil tank, furnace expansion tank, and water shut-off valves. Tenant buildout features include new interior rooms, laundry hookups, lighting, exit signs, and a 240V outlet.
Key Highlights
- Two‑unit commercial property (Year built 1950) with two separate retail units
- One established tenant with $21,000 annual rent; second unit delivered vacant
- Recent exterior updates include siding, downspouts, and gutters
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $30.00 |
| − Vacancy | −$1.1k | −$0.66 |
| EGI | $48.4k | $29.34 |
| − OpEx | −$14.5k | −$8.80 |
| NOI | $33.9k | $20.54 |
