Attleboro, MA Commercial Real Estate for Sale and Lease
Finding the right commercial real estate in Attleboro, MA, is a snap with Boston City Properties. By availing yourself of our extensive resources and expertise, you can quickly and easily identify office space, industrial space, retail space and other commercial real estate that suits your needs, goals and budget. Our massive online real estate database includes constantly updated listings for commercial properties throughout this bustling Bristol County city, and you don't have a pay a thing to use it.
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About Attleboro
At the time of the 2010 U.S. Census, Attleboro had a population of around 44,000 people. Thanks to its fairly large population, it has a lot to offer in terms of commercial development. Because it's just 40 miles south of Boston, it offers a convenient location for businesses across virtually all industries. At the same time, it's far enough away from metro Boston to offer many incredibly affordable real estate options.
Business Districts in Attleboro
Best known for being a center for finance, computer science, health care and education, this bustling city is home to a number of conveniently located business districts, including many office parks and industrial parks. With easy access to Interstates 95 and 295 as well as U.S. Route 1, it offers an easy commute for those who live elsewhere. As you browse our listings, you'll see that commercial real estate space is available throughout the area, which makes it easy to find the perfect location.
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Finding the right commercial real estate in this charming city is a snap. You just have to sign up for free access to our constantly updated commercial real estate database. Whether you're looking for commercial investment properties, office space, retail space, industrial space or are seeking businesses for sale in the area, we have you covered. Our experienced agents will work with you to identify properties that suit your requirements perfectly.
How to Find Commercial Real Estate in Attleboro
The quickest, easiest way to find commercial real estate in this Bristol County city is by signing up for free access to Boston City Properties' constantly updated online real estate database. As soon as you do, you can start searching for the types of properties that you need while limiting your search to this city. Listings include a variety of useful information, including total square footage, asking price, photos and more. From the comfort of home, you can get up to speed about available offerings, saving a lot of time and effort.
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You don't have to jump through a bunch of hoops to find commercial real estate in this eclectic city. Right on this page, complete the quick, easy form to gain immediate, free access to our searchable online database. From there, filter your search to return properties that meet your criteria, and start browsing listings. When you're ready, a member of our team can assist you in checking out properties, so give us a call today.
Attleboro Commercial Real Estate Investment
Any businessperson who plans to purchase or lease a commercial real estate property knows that one of the most crucial factors for the office or retail space is its location. While there are many other conditions to consider, such as the type and term of the lease, the place where the office or shop stands is essential to the growth of the company.
This town offers many options for both budding and established businesses. Whether you are thinking about purchasing or renting a commercial space, you can find something here. There are a number of real estate investments in this area, and one of the reasons why you should start purchasing now is that you can expect a steady flow of cash.
The earning potential in this town is quite high, especially because it is a seller’s market right now. You can gain at least six percent of return from the purchase price. If you are lucky, you can find investments that will give you at least 10% return.
Over the past year, there is an eight percent increase in median sales in this town. The average price for every square foot has also increased to $200 from $192. The price of the commercial space will depend on a variety of factors, including its size, type, and precise location. There are a few neighborhoods in this area where the properties are quite expensive, and it is important that you know about them before you search for a location.
These expensive neighborhoods include the city named after the town itself, N Main Street, Holden Street, Briggs Corner, and Dodgeville. Pleasant Street and Pike Avenue are also areas to avoid if you are trying to save. Nevertheless, some of these places appreciate faster and higher than other spots in this town. CR Street and Edgecliff Avenue are the two highest appreciating neighborhoods in the community since 2000.
O’Neil Boulevard, as well as Maple Street, Holden Street, and N Main Street, is also among the highest appreciating areas in this town. The City Center, the southern part of the community, and Briggs Corner may have expensive properties for sale, but these are also the areas where appreciation of properties is higher than ever.
Right now, the median home value in this town is $318,977, and the number of apartments and homes is at least 16,700. The market rent in this area is $1,371 on average every month, but the property type can affect the cost of the rent. Commercial properties tend to increase in rent based on the leasable space.
Before you sign a lease agreement or purchase a property to invest in, make sure that you know about some issues and restrictions among others. For instance, some landlords do not allow advertisements unless you use their vendor. The size, lighting, and color may also need approval from the landlord before you can start the advertisement campaign.
There may also be some restrictions on the use of the business. For instance, you can only operate a certain type of retail business in the available commercial space. You should know about these limitations before you get into an agreement. Also, some landlords specify the number of customers you can entertain on a daily basis while others may restrict the number of hours or days you can operate your business.
There are also different types of commercial leases in a certain commercial space, such as a traditional lease and a sublease. It is quite common to find subleases in this town, and they are often less expensive than a typical lease. Make sure that you weigh both the advantages and the disadvantages before you agree to sublease the space despite the affordable price.
Many landlords in this town also allow negotiable terms. It should not be surprising that all commercial leases have a small room for negotiation. If it is inflexible, however, you may want to look elsewhere since it is often unreasonable.
Attleboro MA Office Space for Rent or Sale
One of the biggest reasons why this town is a favorite of many brands is that there is ample space to choose from. The amenities are also plentiful, and the prices are typically within reach, even for a startup.
An example is the office space for sale in 649 Washington Street. For just $199,000, you can have this property as an investment. You can have your business here, and at the same time, you can also lease it to other people or group. It was built in 1920 and is primarily for office use, but it can also be a good spot for those in the medical field.
It is a three-story building with a rentable area of 2,970 square feet. It is zoned for general business so you can use it for office and other business purposes. It is a located in an attractive area, but it is car-dependent because there are no pathways for bikers. Transit is also minimal, yet the area offers several opportunities for customer traffic.
The total lot size is 0.10 acre with a parking ratio of 1.68 per 1,000 square feet. In the past, this property was used as a veterinary clinic. If you purchase it, you can turn it into a law office, accounting, real estate, dental clinic, or even a hair salon. It is your choice, and there are basically no strict regulations when it comes to the business use.
This property is indeed affordable, and you can have it without paying for the rent, which will actually cost you more. There are two above grade floors in the building as well as a full basement, and all these can be purchased for just $199,000. The first floor offers 1,154 square feet of space and can be used as the reception hall since it is already ready for that. There are also four rooms and two bathrooms on the first floor.
Meanwhile, the second floor offers 800 square feet of space, along with a bathroom and two large rooms. This space was utilized as a stay over apartment. There is a parking space in the area but is limited to five to six vehicles only. A convenience store, bus line, and signage are just some of the amenities onsite.
In 2 2nd Street, there is another office space for sale, which costs $350,000. A building class C, it can be used as a commercial real estate investment since the building area offers a rentable space of 3,024 square feet. It only has two stories, but this feature can be quite convenient to your customers. Add to that is the fact that it is a very walkable neighborhood and offers some transit.
The lot size is 0.22 acre, and the building has been used for dental practice for almost 50 years. Now it is up for sale with 1,344 square feet of space for the bottom floor while the top floor encompasses 1,680 square feet.
Amenities include parking spaces that can accommodate up to 15 cars. The previous tenants in the area included accountants, lawyers, and doctors, so if you are in any of these fields, it will be easy for you to invest in the space. You can also expand the area for your practice, making it a good investment in the long run.
For instance, you can take the first floor and turn it into a rental space. At the top floor, there are nine spaces that you can use for offices, which are also rentable. They can already pay for your mortgage, especially if you are considering opening a business center.
The property is within walking distance of the new train depot and Amtrak service to Providence and Boston. It is also near the courthouse, and the local hospital is just four minutes away.
Attleboro MA Retail Space for Rent or Sale
Perhaps one of the biggest concerns regarding a space for rent in retail shops is the cost of the monthly rent. Even though the location is good and you have a chance of bringing in more customers than the other choices, you should know that there is a maximum percentage you should allocate to your lease payment.
It will depend on the industry you belong in, but the range is typically from three percent to 10% of your monthly sales. Ideally, you should search for a place in this town where you will not have to spend more than 10% of your gross monthly income.
As you search for retail space in this town, you will notice that there are more of them that keep cropping up almost every few weeks. At 1246 S Main Street, the retail space for sale costs $299,900, which may be a little bit expensive considering that it only spans 2,800 square feet for the gross leasable area. The location is also car-dependent, so it is not a walkable neighborhood. Transit is also minimal, but this place is still a good investment.
The retail space here has been completely renovated that totaled to $69,000 for the upgrades. It can be used as a retail store, an office building, or warehouse. Currently, it is used as a tanning salon, and if you purchase it, you can have amenities including sewer hookup and new electrical lines.
The area is located in a highly trafficked spot with traffic volumes ranging from 290 to 9,207 depending on the streets.
O’Neil Boulevard, just like Main Street, may be among the most expensive neighborhoods in this town but it should not stop you from taking a look at this property off 220 O’Neil Boulevard. It is a retail property that is up for sale and is currently getting a lot of offers. One of the reasons for this is because of its convenient location in an area that is somewhat walkable and with some transit.
It is quite pricey, but it is definitely worth the investment. At $729,000, you get a total of 8,668 square feet of space that you can also lease to other people. There is enough parking space for the customers so other businesses may be interested in renting the area.
Additionally, there is a nearby bar and nightclub, and the building is near Route 118 and 152. Amenities include pylon sign, restaurant, and a bus line for easy access to different areas in the neighborhood. The location can have a traffic volume of as much as 7,829 per day due to its proximity to Davis Avenue West and South and Park Street.
Public transportation is also not a problem since it is only three minutes away from the commuter rail of the town by car and 13 minutes from the southern commuter rail. It is also less than 40 minutes away from the T. F. Green Airport.
If you do not want to buy a property, a for-lease retail space in 217 S Main Street may be a better option for you. It costs $18.95 per square foot up to $19.09 per square foot a year. There are multiple lease spaces to choose from, or you can rent all of them and lease them to other businesses. The retail property has a total of 102,000 square feet of space.
The first unit that you can rent, which is Suite 5 on the first floor of the building, offers 2,200 square feet. The lease term is from five to 10 years and can be used for a martial arts school, doctor’s office, or a nail salon. Parking is available and can accommodate almost 500 cars. The area accepts co-tenancy as there is Dunkin Donuts renting the adjacent unit., along with Family Dollar, Laundromat, Seabra Supermarket, and Big Lots.
The other rentable space for retail is at the first floor as well at Suite 1 with 1,900 square feet of space. It is currently a hair salon, and if you need furniture, some pieces may be made available for you.
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Commercial Property List