692 Bedford St East Bridgewater, MA 02333
- Manufacturing properties
- 10,216 SF
- 1.27 lot acres
Current Use by Public Records
- D.W. Clark - East Bridgewater / Foundry / Iron Works
Property Details for 692 Bedford St
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.27 lot acres
- Property size
- 10,216 SF
- Zone code
- 100
- Property type
- Manufacturing properties
- APN
- EBRI M:100 P:15
- APU
- EBRIM100P15
Description
This exceptional 1.26-acre commercial property located at 692 N Bedford Street in East Bridgewater, Massachusetts, presents a unique investment opportunity. The property features a 10,000-square-foot building suitable for retail use, currently offering 54,885 square feet of vacant space. Its mixed-use zoning allows for potential redevelopment into industrial, medical, or office space, catering to a variety of business needs. Situated in a densely populated area, the property benefits from high visibility and accessibility, with an average daily traffic count of 17,000 vehicles on North Bedford Street. Its proximity to East Bridgewater High School (less than 2 miles), with an enrollment of 1,000 students, further enhances its appeal. The property is located within a 5-mile radius of a population of 144,000 residents, providing a substantial customer base. This prime location in Plymouth County, with its zip code 02333, offers significant potential for growth and return on investment. The property is available for sale or lease, making it an attractive option for both developers and established businesses seeking a strategic location in a thriving community. The substantial vacant space presents a blank canvas for creative redevelopment, tailored to meet the specific requirements of a diverse range of potential tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $320,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $285,000
- Mixed-Use
- $305,000
- Hospitality
- $315,000
- Educational
- $345,000
- Residential Income
- $300,000
- Energy
- $335,000
- Income-Based Land
- $325,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- East Bridgewater
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.9539
- Latitude
- 42.0525
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
