Abington, MA Commercial Real Estate for Sale and Lease

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What to Expect

This charming Plymouth County town had a population of around 16,000 at the time of the 2010 U.S. Census. Since it's about 20 miles southeast of Boston, its convenient location makes it an attractive place to open a business. You'll find everything from retail space to office space to industrial space in the area.

Commercial Space in Abington, MA

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Abington Commercial Investment Properties

This town is located in Plymouth County and is one of the most charming places in Massachusetts. It may be small compared to other areas in the state, but one of the best things about it is that it offers plenty of reasons to invest in commercial properties.

In this area, you will find enough retail or office space, whichever it is you are looking for. Many businesses that are searching for an area where they can start or relocate their company can start at this place. It offers good value without going overboard on the prices, particularly when compared to other areas in Massachusetts.

Perhaps one of the biggest reasons why companies flock here is its ideal location. It is just 20 miles from the southeastern part of Boston. The convenience of its setting makes it an attractive town for opening a new business. Several customers want easy access to Boston but are also open to living or staying in a place that is not too crowded. This town offers just that.

You can find office, retail, and industrial spaces in this part of the state. If you would like to rent or even buy a commercial property in this area, you may also want to know about the statistics or the numbers behind the properties here.

Right now, the median value of homes in this Massachusetts area is $380,000. This number is actually higher than the county average home value, which is only $330,400. Meanwhile, the town also has a higher value than the national average, which is just $185,000. According to statistics, almost 70% of the homes in this town are owned by the residents, while less than 30% are being rented. Only 4% of the homes are currently vacant in the area.

While there are the typical commercial properties, such as office and retail spaces in this town, you can also find condos and apartments. Many investors see large apartment buildings as commercial real estate properties, including high rise condo units, multi-family units, and apartment complexes. All these types of buildings are widely available in this Plymouth County town.

Because of the large selection of properties in the area, it is always possible for investors to find some investment opportunities. Condominiums in this town are on sale, and it is easy to locate at least eight condo units or even buildings if you know where to look. Right now, the average listing price for condominiums is $313,086, although there were higher priced condos in the past where the highest listed price was $359,888.

Meanwhile, if you are looking for lots or land where you can construct a new building for your business, there are also some that are on the market today. You can find huge land or lots in the area, but they are typically pricey. Nevertheless, the average listing price for this type of property is $872,528. Depending on the location and other factors, such as the size, you will find a lot or a parcel of land that is for sale for almost $4 million.

It is also not difficult to find multi-family homes in the area, which are commonly turned into a commercial real estate investment. These multi-family homes that are typically in the form of apartments or lofts have an average listing price of $365,175. The most expensive that was up for sale this year was around $585,000.

The most popular neighborhoods in this town are the northern and the western parts. These places are generally where you can find great deals on investment properties. Some are quite pricey, but they can be worth an investment because of their desirable location.

Abington MA Office Space

Perhaps one of the most popular locations for office spaces in this area is Bedford. At this time, there are at least three office spaces for rent in Bedford. As always location is crucial to the success of the business. In this part of town, there are at least 25,000 cars that pass by every single day. It is because of this reason that businesses are looking to have their offices in the area.

One of the office spaces for rent is in 170 Bedford, which offers excellent exposure to the traffic of Major Route 18. The location is also adjacent to Route 3 and Route 123 crossing. This for-rent office space has been finished off with appealingly high ceilings. It also has a reception desk, so that you do not have to provide one for your business.

The finished flooring makes the whole area unique and tidy. The space is excellent for those who are looking for a place to set up their law office. It can also be used as an office for insurance companies, real estate agents or firms, dental clinics, travel agency, jewelry stores, or for a practicing chiropractor. It can even be used for special sports collections since many of the residents in the area are fans of sports. The list goes on for the possibilities for this rental space.

Among the amenities in the area include a dedicated room for an office, an accessible restroom, and parking space for the employees. There is also a separate area for the parking of the customers’ vehicles, which makes everything more convenient than ever.

The rent for this office space is priced at $1,800 per month only, making it quite affordable. The building has a total of 170 units in 31,799 square feet of space. Even better, the rent includes the maintenance of the property. In case you plan to rent during the winter, the landlord will take care of the property’s needs, including snow plowing. The rent also includes landscaping and sanding. Those who are planning to rent this space can call for a private viewing session.

Another commercial space in Bedford is in the form of land with a lot size of 90,169. The price of this 11,000 square feet land is $899,900 and is located at 714 Bedford Street. The buyer will not only have the land but also included in the purchase is a free-standing building, which is located on 2 Acres zoned Highway Commercial.

There is plenty of potential for this type of property since you can turn it into the space for whatever business you are currently running. Town sewer is also available for this commercial property, along with an additional one+ acre of land, which will give you the opportunity to develop a huge place for your business. You can also find 50 parking spaces on site on a paved driveway. This area has been around since 1980 when it was built. The building included in the sale has three stories.

Meanwhile, if you do not want to buy and are merely looking for an office space for lease, there is another option for you at 1431 Bedford Street. It is a commercial type of property with 427,759 lot size. The property has one building for lease with one story in a 9.82-acre land. The monthly rent is $12,000, which includes four units, three restrooms, and the building built in 1955. There are eight driving doors, along with four loading doors, which make this property quite interesting for those looking for an industrial space for rent.

In reality, it is a truck terminal that is currently for rent, and the rental offers cross docks with a total of 16 drive-in doors. Therefore, it can be useful for use as storage, warehouse, or even as what it is now, which is a truck terminal. It is applicable for the mentioned purposes because of its ceiling heights, which range from 19 to almost 25 feet.

Aside from the high ceilings and the drive in doors, there are also other amenities in the area, including three separate offices. There is also one large center space, which you can turn into an additional desk space. It can also be converted into a reception area. The commercial property also has a few restrooms, which can be used by the employees.

There are also two dispatch places that come with offices, and they open to approximately 16,000 square feet of open space. The open space has loading and drive-in doors that are fully functional, along with fuel onsite.

Abington MA Retail Space

Meanwhile, if retail space is what you are searching for, there are a few areas in the town for you. Some are quite affordable as well, which makes this town ideal for those who are just starting up. One great example is the land located on Birch Street. It is actually a residential land and is comprised of two residential lots, which are proposed to be converted into a 14-unit project.

With 3.08 acres of space and an estimated mortgage of 1,027 per month, you have several choices when it comes to a retail property investment. Another option is off 80 North Avenue, which is right in the school district of the town. The area is perfect for those who want a clean and quiet space but at the same time has easy access to customers who are actively searching for a place to shop. The asking lease price is $2,100 per month, and the total measurement of the area is 1,500 square feet.

Another choice is the one-off 374 Center Avenue, which is conveniently located on Route 123. If you choose this area, you will benefit from how busy it is since the average traffic here exceeds 17,000 vehicles every day.

The for-rent space has the same signalized intersection with a retail giant, Target. There are more than 130,000 residents in this area, so you can expect to gain some profits when you select this part of the town. The building has a huge parking space, which can cover up to 472 vehicles. Aside from that, the whole property is large as the total size is almost 66,000 square feet.

Meanwhile, there is another popular area for those who have an existing retail business as well as those who are still planning to have one. In fact, there are already plenty of merchants who are renting a space at this particular building. It is located at Bedford Street and Thayer Street. It is indeed a massive place for business-minded people with a total of 494 parking spaces.

The metro area for this business plaza is Boston-Cambridge-Newton. Therefore, it is situated in the heart of South Shore in Boston where this town is settled. The market is quite famous because of its ideal location between the two major highways of Greater Boston. These two highways are State Route 3, which is to the east of the building and State Route 27, which is on the west side of the building.

Tenants of the building have some advantages, including maintenance, which can be requested electronically. Due to the hassle and the demands of being in the retail industry, it may be difficult to have an extra time, which can be used for calling or reporting about a problem at the leased unit. As a result, it is indeed helpful that electronic submission of maintenance requests is made possible.

Other features of being a part of the plaza include waste and recycling management programs, energy control, and the practice of the best strategies in the industry.

The town is slowly becoming a favorite option for those searching for commercial spaces. Take for example the recently sold property right at 268 Washington Street. It was formerly used as a restaurant and enticed a buyer because of its great location. It is situated on Route 18 and is ready for use for anyone with a new concept, including a retail store.

The building, which was constructed in 1970, went on sale and gained a buyer who bought it for $570,000. The property has a total of 35 parking spaces with utilities, such as public water, sewer, and natural gas. The commercial building has approximately 3,722 square feet of space, and about 1,960 square feet of it is used for retail.

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Commercial Property List