Raynham, MA Commercial Real Estate for Sale and Lease

Only 32 miles from Boston in Bristol County, this town of 13,383 has a number of investment opportunities for developers who want to take advantage of a historic town in an area that is likely to experience rapid growth. With 20.5 square miles of land, the town was incorporated in 1731 and features a historic village that acts as a steady draw for visitors.

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Recreation activities often take place in Raynham Park, which also functions as the area’s largest publicly accessible green space, as well as the Borden Colony Recreation Area. The town is crossed by a number of major transportation thoroughfares, including Route 24, Route 138, Route 104, and Interstate 495. Although the town currently does not have a dedicated commuter rail station, there have been proposals for one to be sited on what was formerly a racing track. This project would increase property values for all adjacent land, making investment here a promising venture.

Different tracts of land, many of which have a commercial or flexible zoning, have been coming on the market. The property at 1000 New State Highway offers an enticing opportunity for an investor who is looking for developed land with water, sewer, natural gas, and upgraded electrical utility poles. The 8.80 acre property includes a privacy fence, a completed retaining wall, and 760 parking spaces. Current proposals for building development include a 38,667 square foot structure. Located off Route 24, with frontage on Route 44, the parcel has prominent visibility and good access. The price for this property has not been made publicly available.

The property at 1 Paramount Drive has been zoned for commercial development, and has great potential for an investor who wishes to develop land that is off Route 44 and will likely host a retail or industrial park configuration. The 4.80 acre property has a sale list price of $960,000. Meanwhile, the property at 262 South Street West has 2.87 acres of commercially zoned land perfect for business development. Located near Route 44, this parcel has a sale list price of $525,000.

The 3.94 acre parcel at Commerce Way at Route 44 is ideal for investors who want to capitalize on a large lot that is close to other major retailers and a highly trafficked main thoroughfare. With retail frontage and a designated development zoning for commercial purposes, this parcel has a sale list price of $750,000. In a similar vein, the lot at Paramount Drive at New State Highway offers investors 3.30 acres of commercially zoned property in a designated development district. Located near Raynham Woods and the Taunton River, the lot is surrounded by natural scenery. The list price for this lot is $499,000.

Office Space Market

Much of the office space in this town is currently priced at highly affordable rates, making it perfect for investors who want to take advantage of the town’s likely growth. The two-story office complex at 534 New State Highway has an onsite parking lot and is located close to Route 44 with access to bus service. With 8,000 square feet, the structure was built in 1977 and has an elegant front entrance with white doric columns and lush landscaping. With multiple suites of varying sizes, the structure has an estimated rent per square foot per month of $1.30.

The campus-style brick and concrete building at 675 Paramount Drive has professional office space perfect for lawyers, doctors, and other consultants. With 39,200 square feet of total rentable space, this elegant structure is located in a 330 acre top-tier office park. Located at the intersection of Route 44, Route 24, and Interstate 495, the sophisticated suites in this structure, which was built in 2006, are not only easily accessible, but very comfortable to work in. An onsite parking lot and grand landscaped entryway complete the exterior amenities of this building. The estimated rent for this structure has not been released.

The visual sophistication of the tan and white structure at 1244 Broadway makes it a particularly desirable location for professionals looking for beautiful, upscale office space. With 17,692 total square feet, the suites in this gorgeously outfitted facility feature ample windows, an onsite parking lot, and manicured shrubbery that dots the perimeter of the building. Built in 1989, the building offers many different sizes of suits, ranging in size from 600 square feet to a few thousand square feet. The estimated rent for this structure is $1.50 per square foot per month.

Retail Space Market

Numerous strip malls and older historic storefronts make up the majority of the retail space market in this town, which is priced at a highly affordable rate. The property at 1550 Route 44 not only provides direct access to the major thoroughfare, but a convenient onsite parking lot with landscaped shrubs and road-visible business signage. With 11,642 square feet of available rental space, the units in this free standing retail building can be easily configured to specific tenant needs. Built in 1975, the estimated rent for this property is $1.00 per square foot per month.

The blue barn-like structure at 890 R Broadway is not only visually distinctive, but perfect for tenants who are seeking configurable retail space. With a gross leasable area of 2,700 feet, this two story property features an onsite parking lot with easy access to Route 138, and can function as a retail space, office space, or medical space. The smallest divisible space is 1,000 square feet. The estimated rent for this property is $0.81 per square foot per month.

Those investors seeking a larger footprint for their businesses should take notice of the property at 240-252 Broadway, which offers 87,169 square foot for lease. The units within this freestanding retail space tend to offer 5,000 square feet or more, although different configurations are available. Built in 1994, the structure has a brick portico to provide shelter from the elements, large storefront windows, and rear loading bays. The estimated rent for this property has not been disclosed.

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Commercial Property List