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Freestanding Retail Building with Parking

785 Bedford St Whitman, MA 02382

785 Bedford St, Whitman, MA, 02382
$2,200,000
For Sale
$2,200,000

Freestanding retail building offers flexible suites ranging up to 2,036 SF with 40 on-site parking spaces.

Property Size5,000 SF
Price / SF$440
Days on Market77

Property Features for 785 Bedford St

General Information

Standard status
Active
Size
5,000 SF
Listing agency Compass
Listed by Blake La Grassa
Source Exprealty
Added: May 7 Updated: Jul 21 at 4:06AM Checked: Jul 21 at 4:06AM

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 Compass


Investment Insights

Based on property information with market context.

Freestanding retail building totaling 5,000 SF with suite sizes ranging from 964 SF to 2,036 SF, with the ability to combine units for a larger configuration. The property includes 40 on-site parking spaces to support customer access.

The building is located on highly visible Bedford Street in Whitman, just off Route 18, designed to capture consistent traffic exposure. The seller notes the potential for the building to be delivered vacant for an owner-user or single-tenant use.

For tenants or buyers seeking a storefront-style retail footprint with flexible interior sizing and on-site parking, this property provides an adaptable option within a single freestanding asset.

Key Highlights

  • Freestanding 5,000 SF retail building on highly visible Bedford Street in Whitman, just off Route 18
  • Flexible suite sizes from 964 SF to 2,036 SF, with ability to combine space
  • Strong frontage with consistent traffic exposure

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 $120.0k $24.00
− Vacancy −$2.6k −$0.53
EGI $117.4k $23.47
− OpEx −$35.2k −$7.04
NOI $82.2k $16.43
5,000 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,152 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M (±1% cap)
NOI $207,199 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Christo's To Go Take-out & Catering Pinches & Pounds Specialty Food Shop Magnet Health LLC (Bike/Boat/Book/etc) Store Dollery Inc (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Dental Office Law Firm Gym & Fitness Center Bakery Hair Salon HVAC Service Electrical Service Computer & Electronic Repair Skin Care Clinic

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

FAQs

What type of property is this?
Retail space - Freestanding retail building offers flexible suites ranging up to 2,036 SF with 40 on-site parking spaces.
Where is this retail space located?
The property is located at 785 Bedford St Whitman, MA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Freestanding 5,000 SF retail building on highly visible Bedford Street in Whitman, just off Route 18; Flexible suite sizes from 964 SF to 2,036 SF, with ability to combine space; Strong frontage with consistent traffic exposure
Contact an agent
More about this property
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