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Office Unit with Conference Access
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1 Park Street #205-206, Attleboro, MA 02703

Compact office accommodation with shared restrooms and access to a common conference room.

Property Size418 SF
Price / SF$0.06
Days on Market58

Property Features for 1 Park Street #205-206

General Information

Standard status Active
Size 418 SF
Property subtype Commercial

Additional Details

Public Transit Yes

Amenities

common baths
common conference room

Building Details

Year Built 1989
Listing Agency: REMAX Revolution
Listed By: Michael Alves · License #REB.0014141
Source: Lockandkeyre
Added: Sep 4 Changed: Oct 29 Last Checked: Oct 30 at 3:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Revolution

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Investment Insights

Based on property information with market context.

This 418-square-foot office unit is located in a 1919 building and includes access to shared restrooms and a common conference room. The property provides a practical setting for office users seeking a downtown location with shared building amenities.

The building sits near the junction of Route 152, Route 118, and Route 123 in downtown Attleboro. A commuter rail station, City Hall, courthouse, park, restaurants, GATRA bus service, and municipal parking are all identified nearby, with pedestrian activity along the surrounding area.

Key Highlights

  • 418 SF office unit
  • Common restrooms and conference room
  • Built in 1919

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,870
Suggested Prices Based on Cap Rates
Cap Rate 5%
$137,400 $137.4K
Cap Rate 7%
$98,143 $98.1K
Cap Rate 9%
$76,333 $76.3K
Market Conditions
NOI Build-Up for 418 SF
Gross rent
$11.4K $27.36/SF
− Vacancy
−$2.3K −$5.44/SF
EGI
$9.2K $21.92/SF
− OpEx
−$2.3K −$5.48/SF
NOI
$6.9K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$137,400
Cap Rate 7%
$98,143
Cap Rate 9%
$76,333

Alternative Uses

Best Use
Office B
$98.1K
$85.9K – $114.5K (±1% cap)
NOI $6,870 @ 7.0% cap · market cap 27,480.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$254.6K
$222.7K – $297.0K (±1% cap)
NOI $17,819 @ 7.0% cap · market cap 71,276.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Nail Salon Hair Salon Hotel & Motel Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,443
Businesses Nearby

Demographics for 02703, MA

46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Compact office accommodation with shared restrooms and access to a common conference room.
Where is this office unit located?
The property is located at 1 Park Street #205-206 Attleboro, MA.
What are key features of this property?
This property features: 418 SF office unit; Common restrooms and conference room; Built in 1919
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