342 Bedford StWhitman, MA 02382

  • Banks
  • 5,690 SF

Property Details for 342 Bedford St

Year built
2013
Construction
STEEL FRAME
Lot size
3.44 AC
Property size (Sq ft)
5,690 SF
Zone code
HB
Property type
Banks
APN
WHIT M:022D B:0002 L:1
APU
WHITM022DB0002L1

Description

This exceptional retail property, located at 342 Bedford Street in Whitman, Massachusetts, presents a remarkable development opportunity. The entire 5,850 square foot building is currently vacant, offering unparalleled flexibility for a single tenant or multiple occupants. The property is zoned for Business District use, providing a wide range of potential applications. Situated in Plymouth County, this location benefits from high visibility and accessibility, making it ideal for a variety of retail businesses. The building's ample square footage allows for customization to suit specific needs, whether it's a single large-scale operation or the division into smaller, independent retail spaces. With its strategic location in Whitman, this property offers excellent potential for growth and profitability. The address is 342 Bedford Street, Whitman, MA 02382. The property is categorized as Commercial Retail with multiple tenancy options. The total building size is 5,850 square feet, and the entire space is currently available for lease. This presents a unique chance to establish a thriving business in a vibrant community. The property's Business District zoning ensures a wide range of permitted uses, making it an attractive investment for entrepreneurs and established businesses alike. Don't miss this opportunity to secure a prime retail space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,382,869
    6.5%
    $1,276,494
    7%
    $1,185,316
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,873,508
    Geo Method
    $1,873,508
  • Alternative Use

    Use
    Valuation
    Residential
    $1,076,770
    Hospitality
    $986,316
    Educational
    $820,603
    Medical
    $848,825
    Retail
    $1,276,494

Location Insight

City
Whitman
County
Plymouth
State
Massachusetts
Latitude
42.0695
Longitude
-70.9493
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,584
$634,700
$902,500
$1,537,200
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-
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