INNOVATE Real Estate
Commercial Sale at 40 Central Square, Bridgewater MA 02324
Commercial Sale at 40 Central Square, Bridgewater MA 02324, photo 2 of 10
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10 photos

$2,500,000

40 Central Square, Bridgewater MA 02324
Bridgewater, MA 02324
Listed by CASTLES UNLIMITED TEAM
Bedrooms
N/A
Bathrooms
N/A
Living area
10,458 sqft
Year built
1852

About this home

This landmark building anchors Bridgewater Square. Built in 1852 with timber frame construction, it is comprised of a massive space in this downtown location near Bridgewater State University. The property currently generates respectable income and has great development potential. Inquire for private showings.

Property details

MLS
MLS Property Information Network
MLS #
73565293
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
66
On market date
August 18, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.27 sqft

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Mitchell Elementary School
0.48 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,204
Student:teacher ratio
18.0:1
District
Bridgewater-Raynham
Middle
Williams Intermediate School
0.41 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
739
Student:teacher ratio
14.8:1
District
Bridgewater-Raynham
High
Therapeutic Day School
0.48 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
13
Student:teacher ratio
4.3:1
District
Bridgewater-Raynham

Walkability

Blended score for Bridgewater's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
83 / 100
Restaurants & cafes20
Grocery stores2
Parks6
Schools5
Transit stops1
Pharmacies3

Market position

How this listing compares to current activity in Bridgewater, from live MLS data.

On the market 66 days -- 30 fewer days than Bridgewater's current average of 96 days.
For reference, the median list price across 162 active listings in Bridgewater right now is $622,350.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.