293 Bedford StWhitman, MA 02382

  • Office buildings
  • 1,519 SF
For Sale
$795,000 View listing

Property Details for 293 Bedford St

Year built
1880
Construction
FRAME
Lot size
0.55 AC
Property size (Sq ft)
1,519 SF
Zone code
HB
Property type
Office buildings
APN
WHIT M:022D B:0003 L:20B
APU
WHITM022DB0003L20B

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $251,136
    6.5%
    $231,818
    7%
    $215,259
  • Comparable approach

    Method
    Valuation
    Relative Method
    $198,473
    Geo Method
    $198,473
  • Alternative Use

    Use
    Valuation
    Residential
    $287,454
    Hospitality
    $263,306
    Educational
    $219,068
    Medical
    $226,602
    Retail
    $340,772

Location Insight

City
Whitman
County
Plymouth
State
Massachusetts
Latitude
42.0686
Longitude
-70.9479
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
$4,981
$238,700
$152,300
$391,000
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-
-
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FAQs

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