Industrial/Retail Flex Space
For Sale
$525,000
700 Pulaski Blvd, Bellingham, MA 02019
1,320 SF flex space with three drive-in bays.
Property Size1,320 SF
Price / SF$397.73
Days on Market144
Property Features for 700 Pulaski Blvd
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Industrial
Building Details
Building Size
1,320 SF
Year Built
1945
Listing Agency:
NAI | Parsons Commercial Group - Boston
Listed By:
Jake Parsons · License #9072963
(978) 505-0181
Source:
Naiglobal
Added: May 21
Changed: Oct 3
Last Checked: Oct 11 at 4:29AM
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 NAI | Parsons Commercial Group - Boston
Investment Insights
Based on property information with market context.
Located on Pulaski Boulevard in Bellingham, Massachusetts, this 1,320 SF industrial/retail flex property is an owner-user opportunity. The property features three drive-in bays and ample on-site parking. Recent capital improvements include a new roof, updated electrical, and heating system. Situated on a high-visibility commercial corridor, the property provides convenient access to I-495. It is suited for a variety of industrial, showroom, storage, or service-oriented uses, excluding automotive. The location offers easy access to major transportation routes, including Interstate 495, and is within close proximity to industrial, manufacturing, and retail hubs throughout the region. The property provides strong visibility and convenient connectivity to neighboring markets including Franklin, Milford, and the greater MetroWest area, making it an ideal location for businesses seeking accessibility, exposure, and operational efficiency.
Key Highlights
- Ideal owner‑user opportunity for industrial/retail flex space.
- Convenient access to I‑495 and strong visibility on Pulaski Boulevard/Route 126.
- Recent capital improvements include a new roof, updated electrical, and heating systems.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,651
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,020
$453.0K
Cap Rate 7%
$323,586
$323.6K
Cap Rate 9%
$251,678
$251.7K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$39.6K $30.00/SF
− Vacancy
−$4.8K −$3.60/SF
EGI
$34.8K $26.40/SF
− OpEx
−$12.2K −$9.24/SF
NOI
$22.7K $17.16/SF
Area
Norfolk County, MA
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,020
Cap Rate 7%
$323,586
Cap Rate 9%
$251,678
Alternative Uses
Best Use
Flex RnD
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 4.31%
Second Best
Industrial
$200.6K
$175.5K – $234.0K
NOI $14,041 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$781.4K
$683.8K – $911.7K
NOI $54,700 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02019, MA
16,945
Population
6,555
Households
2.6
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
18.3 sq mi
ZIP Area
926
Density / Sq Mi
$120,966
Median Household Income
$61,453
Median Earnings
$1,788
Median Rent
$425,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - 1,320 SF flex space with three drive-in bays.
Where is this flex space located?
The property is located at 700 Pulaski Blvd Bellingham, MA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Ideal owner‑user opportunity for industrial/retail flex space.; Convenient access to I‑495 and strong visibility on Pulaski Boulevard/Route 126.; Recent capital improvements include a new roof, updated electrical, and heating systems.
