Freestanding Retail
785 Bedford Whitman, MA 02382
785 Bedford, Whitman, MA, 02382
$2,500,000
For Sale
$2,500,000
Freestanding 5,000 SF retail building offers strong Bedford Street frontage and 40 on-site parking spaces.
Property Size5,000 SF
Price / SF$500
Days on Market47
Property Features for 785 Bedford
General Information
- Standard status
- Active
- Size
- 5,000 SF
Building Details
- Year Built
- 1930
Listing agency
Compass
(508) 367-0175
Listed by
Blake La Grassa
Source
413realestate
Added: Jun 5 Updated: Jul 21 at 12:41PM Checked: Jul 21 at 12:41PM
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 5,000 SF retail building located on highly visible Bedford Street in Whitman. The available space range is 964 SF to 2,036 SF, with the ability to combine for larger users. The property includes 40 on-site parking spaces and is described as potentially deliverable vacant for an owner-user or single-tenant use.
The building is positioned just off Route 18, providing consistent traffic exposure based on the seller’s remarks. This configuration supports retail operations that can utilize storefront visibility with readily available parking on site.
For tenants or buyers seeking a standalone retail footprint, the property’s flexible suite sizing and combine-ability are intended to accommodate a range of retail occupancy needs.
The building is positioned just off Route 18, providing consistent traffic exposure based on the seller’s remarks. This configuration supports retail operations that can utilize storefront visibility with readily available parking on site.
For tenants or buyers seeking a standalone retail footprint, the property’s flexible suite sizing and combine-ability are intended to accommodate a range of retail occupancy needs.
Key Highlights
- Freestanding 5,000 SF retail building built in 1930
- Highly visible Bedford Street location just off Route 18
- 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
NOI $82,152 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,199 @ 7.0% cap · market cap 8.29%
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
Similar For Sale Nearby
Similar Off Market Nearby
- Flowers Forever — 798 Bedford St #18, Whitman, MA 02382
- Stop & Shop Florist — Whitman, MA 02382
- Flowers of Whitman — whitman, ma 02382
FAQs
What type of property is this?
Storefront property - Freestanding 5,000 SF retail building offers strong Bedford Street frontage and 40 on-site parking spaces.
Where is this storefront property located?
The property is located at 785 Bedford Whitman, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Freestanding 5,000 SF retail building built in 1930; Highly visible Bedford Street location just off Route 18; Strong frontage with consistent traffic exposure