Mixed-Use Multi-Family and
For Sale
$1,299,000
826 Broadway, Raynham, MA 02767
Mixed-use property with four residential units and an operating restaurant/bar space plus a newer addition.
Property Size5,358 SF
Price / SF$242.44
Days on Market116
Property Features for 826 Broadway
General Information
Standard status
Active
Size
5,358 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Realty Executives Metro South
Listed By:
Michelle Nadeau
(508) 272-3194
Source:
Jmulkerinrealty
Added: Jul 2
Changed: Oct 25
Last Checked: Oct 24 at 10:36PM
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 Realty Executives Metro South
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property includes four residential units and a separate commercial restaurant/bar space. The residential layout consists of two 2-bedroom units and two 1-bedroom units. A newer 1,320 square foot addition supports the restaurant where the commercial space operates.
Utilities include city water and city sewer, natural gas, and TMLP for electric. Heating is provided by four newer high-efficiency, wall-mounted Laars boilers with separate heat zones.
The commercial restaurant/bar business is not included in the sale, and the property listing notes that the business currently operating in the commercial space will not transfer as part of the transaction.
Utilities include city water and city sewer, natural gas, and TMLP for electric. Heating is provided by four newer high-efficiency, wall-mounted Laars boilers with separate heat zones.
The commercial restaurant/bar business is not included in the sale, and the property listing notes that the business currently operating in the commercial space will not transfer as part of the transaction.
Key Highlights
- Mixed‑use freestanding property on over 1 acre in Raynham with 4 residential units plus a restaurant/bar space
- Residential unit mix: 2 two‑bedroom units and 2 one‑bedroom units
- Restaurant/bar operates in a newer 1,320 SF addition (business not included in the sale)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,753
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,915,060
$1.9M
Cap Rate 7%
$1,367,900
$1.4M
Cap Rate 9%
$1,063,922
$1.1M
Market Conditions
NOI Build-Up for 5,358 SF
Gross rent
$147.9K $27.60/SF
− Vacancy
−$11.1K −$2.07/SF
EGI
$136.8K $25.53/SF
− OpEx
−$41.0K −$7.66/SF
NOI
$95.8K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,915,060
Cap Rate 7%
$1,367,900
Cap Rate 9%
$1,063,922
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $95,753 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,987 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M
NOI $228,405 @ 7.0% cap · market cap 17.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
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Business Placement
Demographics for 02767, MA
15,376
Population
6,089
Households
2.5
Avg Household Size
43
Median Age
41%
College-Educated
91%
High-School Grad
24.8 sq mi
ZIP Area
620
Density / Sq Mi
$119,550
Median Household Income
$64,676
Median Earnings
$1,671
Median Rent
$507,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Mixed-use property with four residential units and an operating restaurant/bar space plus a newer addition.
Where is this quadplex located?
The property is located at 826 Broadway Raynham, MA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Mixed‑use freestanding property on over 1 acre in Raynham with 4 residential units plus a restaurant/bar space; Residential unit mix: 2 two‑bedroom units and 2 one‑bedroom units; Restaurant/bar operates in a newer 1,320 SF addition (business not included in the sale)
