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293 Bedford St Whitman, MA 02382-1863

OFF-MARKET Office buildings Google Maps
1,519 SF 0.55 ac lot Built 1880
Entity Owned 18-yr Hold Free & Clear
Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US38-1296656

Property summary

AI-generated overview

This exceptional commercial property, located at 293 Bedford Street in Whitman, MA, presents a unique opportunity for business owners and investors. Currently configured as a professional office, this well-maintained building is ready for immediate occupancy. Boasting a highly desirable location on Route 18, the property benefits from significant daily traffic and excellent visibility thanks to large signage. The 0.55-acre lot includes a paved parking lot with twelve spaces, providing ample parking for clients and employees. A convenient garage structure offers additional storage and potential for various uses. The building features interior upgrades and provides both interior and exterior basement access for mechanicals and storage. The existing structure offers immediate usability for an owner-occupied business, while the generous lot size and strategic location also present opportunities for future expansion or alternative income-generating scenarios. This is an ideal property for those seeking a turnkey solution or a platform for future development in a thriving commercial area. The asking price is $795,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction FRAME
Total area 1,519 SF
Lot 0.55 ac (23,806 SF)
Zoning code HB
APN WHIT M:022D B:0003 L:20B
UPID US38-1296656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2008
3 recorded transactions
2008
$1
1998
$150,000
1995
Price N/A

Zoning & alternative use

HB · Whitman, MA
Zoning description

HB General Business Districts GB Limited Industrial Districts LI Industrial Districts I Floodplain and Watershed Protection Districts FP Multiple Use Overlay District MUOD P = Permitted SP = Special Permit N = Not Permit…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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