Manufacturing Property with
617 N Elm St, West Bridgewater, MA 02379
For Sale
Contact for pricing
Shop-oriented property with rear storage, city water, natural gas, gas heat, and fluorescent lighting.
Property Size1,640 SF
Lot Size0.25 Acres
Price / SF$274.39
Days on Market102
Property Features for 617 N Elm St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Utilities to Site
Listing Agency:
Jay Nuss Realty Group, LLC
(781) 848-9400
Listed By:
Angela Nuss
(781) 710-4186
Source:
Moodyscre
Added: Jul 31
Changed: Nov 5
Last Checked: Nov 8 at 7:50AM
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 Jay Nuss Realty Group, LLC
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Investment Insights
Based on property information with market context.
This manufacturing property includes a wood-frame storage building measuring 1,293 square feet at the rear of the site. The existing Jackson Welding occupancy is identified as a pre-existing, non-conforming use with grandfathered status. The storage building’s roof needs replacement.
The site contains 10,890 square feet of land and is located within Water Resource Protection District 12. Utility services include natural gas, gas heating, city water, and fluorescent lighting. The property is located at 617 N Elm St in West Bridgewater, Massachusetts.
The site contains 10,890 square feet of land and is located within Water Resource Protection District 12. Utility services include natural gas, gas heating, city water, and fluorescent lighting. The property is located at 617 N Elm St in West Bridgewater, Massachusetts.
Key Highlights
- 1,293‑square‑foot wood‑frame storage building at the rear of the site
- Existing Jackson Welding occupancy has grandfathered pre‑existing, non‑conforming use status
- Roof replacement is needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,402
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,040
$408.0K
Cap Rate 7%
$291,457
$291.5K
Cap Rate 9%
$226,689
$226.7K
Market Conditions
NOI Build-Up for 1,640 SF
Gross rent
$26.2K $15.96/SF
− Vacancy
−$2.2K −$1.32/SF
EGI
$24.0K $14.64/SF
− OpEx
−$3.6K −$2.20/SF
NOI
$20.4K $12.44/SF
Area
Plymouth County, MA
Vacancy
8.30%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,040
Cap Rate 7%
$291,457
Cap Rate 9%
$226,689
Alternative Uses
Best Use
Warehouse
$291.5K
$255.0K – $340.0K
NOI $20,402 @ 7.0% cap · market cap 4.53%
Second Best
Industrial
$250.5K
$219.2K – $292.3K
NOI $17,537 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$970.9K
$849.5K – $1.13M
NOI $67,961 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 02379, MA
7,697
Population
2,955
Households
2.6
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
503
Density / Sq Mi
$124,483
Median Household Income
$56,818
Median Earnings
$2,011
Median Rent
$501,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Shop-oriented property with rear storage, city water, natural gas, gas heat, and fluorescent lighting.
Where is this manufacturing property located?
The property is located at 617 N Elm St West Bridgewater, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,293‑square‑foot wood‑frame storage building at the rear of the site; Existing Jackson Welding occupancy has grandfathered pre‑existing, non‑conforming use status; Roof replacement is needed
