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Whitman, MA Commercial Real Estate for Sale and Lease

If you need to buy or lease commercial real estate in Whitman, MA, find suitable options quickly with Boston City Properties. In exchange for completing the easy form on this page, we will give you free, instant access to our searchable real estate listings, which are updated continually. Later, we can also put you in touch with a real estate agent in the area who can take you to check out properties and more.

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What to Expect

Located 20 miles south of Boston, this Plymouth County town has a population of around 14,500. Whether you are looking for office space, manufacturing or warehouse space, retail space or other types of commercial real estate, you'll find it easily by availing yourself of our handy search tool.

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Located in Plymouth County, this town is perhaps best known as being the place where chocolate chip cookies were invented. As of the 2010 census, it had a total population just under 15,000 residents. The town was incorporated in 1875. It has always been a center for commercial activity, and the local economy was once supported in large part by shoemaking. At one time, the town had over 20 shoe-making factories. These factories were abandoned, and some have since been converted into use as condominiums and apartment buildings. Others remain unused, however, and they are being eyed by investors and incoming tenants as prime centers for business use.

Whitman Commercial Investment Properties

The town’s abundance of commercial and industrial properties has made it a key market in the past several years, as more companies, and many companies needing large amounts of space, are finding their way into the Greater Boston area. In 2017, commercial tenants in all business sectors requested an average space of about six million SF. The commercial market was dominated by historically strong economic activities, including pharmaceutical, medical, and life sciences, and it has been joined in increasing volume by ecommerce and tech companies. The commercial market, as with the retail market, is seeing an increase in rental prices in both building classes.Rental prices between 2016 and 2017 rose 10 percent alone, and rental rates are projected to continue rising. In 2017, tenants looking for space in Class A and other were relatively selective about making sure they got the amenities, price, and location they wanted. They have been taking their time finding a precise setting that meets their needs. This trend is expected to continue into 2018, but tenants might start to feel more pressure to decide more quickly on suitable space as vacancy rates start to fall. Vacancy rates for commercial buildings have varied significantly based on size, purpose, and location. Some corridors have seen commercial vacancy rates as low as eight percent or less, while vacancy rates have exceeded 20 percent in other locations.

Along with numerous buildings, and spacious buildings at that, there is also a large amount of vacant and unused land in this town, which is a rare and enviable feature for tenants looking for a build-to-suit opportunity in the Greater Boston area. Many large parcels of land are located near the area’s busy highways and roadways, which means that prospective tenants have easy access to shipping their goods locally and regionally. The main thoroughfares serving the town are Route 18 and Route 27. There are also several major intersections near the heart of the town’s center, including the intersection of Route 14 and Route 18. The town is reached by Route 58, which crosses the eastern part of the town. The town has some types of public transportation, including a line of the MBTA rail. There is also a train that traverses the town, which is located on the eastern part of the town’s border. Boston Logan International Airport, which is one of the busiest air transportation centers on the East Coast, is located less than a 30-minute drive from the town, which is quite convenient for businesses and makes the area a more dependable place to have businesses in the eyes of investors.

Whitman Office Space Market

With the need for office space appearing in a variety of business settings, there is prime opportunity for listing agents in this market. Office space is in demand by traditional businesses like law, medicine, and finance. Incoming ecommerce and tech entities are also finding the need to have office space to carry out their corporate functions. For this reason, the office space market is comprised of a combination of traditional office space buildings and buildings formerly used for other purposes, such as warehousing and manufacturing. Many incoming companies are finding that, for a lower price than getting premier, fully equipped Class A buildings, they can make use of outdated but spacious and well-located Class B buildings, many of which are located along the town’s busier roads and highways. They are finding a considerable amount of potential in Class B buildings for creating the final finishing touches and producing a customized space that they need.

One example of a commercial property that tenants might find on the market is a freestanding office building on Bedford St. The building is 1,284 SF. It is listed for sale for a price of $259,900. The building sits on a picturesque lot, and it is situated in a desirable location near Route 18. The building was constructed in 1968, and it has recently been renovated with numerous modern improvements. A new coating of interior and exterior paint, a modernized electrical system, updated flooring, new windows, and a new hot water tank are some notable improvements the building has recently had. Considered a good opportunity for businesses and investors, the facility offers potential for business growth and expansion. Inside, tenants will find two separate offices, along with a sizeable reception area and a kitchen. The building also has a full private bathroom and a full basement with tremendous amounts of storage space. Central air is another advantage to the building, and it is connected to the town’s water and sewer lines. There is also a private parking lot in the back of the building that occupants and their clients are free to use.

Whitman Retail Space Market

Retail space in this town covers a range of options. Space is available for both renting and owning, and prospective tenants are finding potential in buildings of all classes, which includes Class A, Class B, and Class C. There are spots suitable for general retail purposes, as well as category-specific retail properties, such as restaurants, bars, and coffee shops. Some retail spaces are located in the center of town, while others are sited in freestanding buildings and shopping plazas further away from the town’s center.

Prospective retailers looking for general retail space in the area might be interested in an option like a single general retail space available in a building on South Ave. The space is offered for a rental price of about $600 per month. Utilities are included in the rent, which is always a welcome convenience. Incoming tenants will get a space of 550 SF in a mixed-use building that includes a combination of other retail tenants as well as offices. The space offered for rent has previously been used as a dry-cleaning facility. One major benefit of the building is the prime and coveted feature that it is located next to a commuter rail line. It is also connected to the town’s water and sewer lines. The building was constructed in 1953, and it has been updated through the years to be a viable move-in ready property. The building is located close to Route 127, and it is in an area that it is somewhat pedestrian-friendly.

Retailers looking for property ideal for a specific use might find something like the garden center on Temple St. The garden center is listed for rent for a price of $0.90 per SF a month. The property includes two greenhouses and a flower stand. It is close to two of the largest roadways in the area, which are Route 27 and Route 18. The garden center covers an area of 2,221 SF. It has historically been a successful floral shop and garden center, which is an added bonus to prospective tenants looking to rent the space. The greenhouse is considered to be located in a highly visible location. It is easy to reach by car, and nearby public transportation includes a bus line that stops close to the property.

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