For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turn-Key Two-Unit Retail Property Title is generated by Realmo AI

    597 Dartmouth St #AB, Dartmouth, MA 02748

    View on Map
    Claim this Listing
    For Sale
    $549,500

    Two renovated retail units on a highly visible corner lot with established tenant income in place.

    Property size:
    1,650 SF
    Price / SF:
    $333/SF
    Added:
    Jan 13, 2026
    Days on Market:
    177
    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

    We can help!

    Contact an agent
    Lori A Nery

    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

    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
    • Interior updates include fresh paint, lighting, floor leveling, and restroom improvements
    • Additional interior updates: common sink, oil tank, furnace expansion tank, and water shut‑off valves
    • Tenant buildout includes new interior rooms, laundry hookups, lighting, exit signs, and a 240V outlet

    Overview

    Turn-key two-unit commercial property offering two separate spaces in a renovated condition. One unit is currently occupied by an established tenant generating $21,000 in annual rent, and the second unit will be delivered vacant for an owner-occupant or another tenant arrangement.

    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.

    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
    1,650 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $484.1K
    $423.6K – $564.8K (±1% cap)
    NOI $33,888 @ 7.0% cap · market cap 6.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.00M
    $879.2K – $1.17M (±1% cap)
    NOI $70,338 @ 7.0% cap · market cap 12.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Village Travel Agency Travel Agency Village Travel Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dartmouth
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9404419
    Latitude
    41.6089014

    FAQs

    What type of property is this?
    Retail space - Two renovated retail units on a highly visible corner lot with established tenant income in place.
    Where is this retail space located?
    The property is located at 597 Dartmouth St #AB Dartmouth, MA.
    What is the asking price?
    The asking price for this property is $549,500.
    What are key features of this property?
    This property features: 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
    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