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Office Unit with Shared Conference Room
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1 Park St Unit 210, Attleboro, MA 02703

Efficient office space includes shared restrooms and access to a common conference room.

Property Size240 SF
Price / SF$0.10
Days on Market58

Property Features for 1 Park St Unit 210

General Information

Standard status Active
Size 240 SF
Property subtype Commercial

Additional Details

Public Transit Yes

Amenities

common baths
common conference room

Building Details

Year Built 1919
Listing Agency: Remax Revolution
Listed By: Michael Alves · License #REB.0014141
Source: Lockandkeyre
Added: Sep 4 Changed: Oct 29 Last Checked: Oct 30 at 4:13PM

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 240 SF office unit is located within a 1919 commercial building and includes access to common restrooms and a shared conference room. The configuration provides dedicated office space with shared support amenities.

The property is positioned at the intersection of Route 152, Route 118, and Route 123 in downtown Attleboro. It is near the expanded train station serving Boston and Providence commuter rail, City Hall, the courthouse, a park, restaurants, and municipal parking lots. GATRA bus service and pedestrian activity are also present in the surrounding area.

Key Highlights

  • 240 SF office unit
  • Common restrooms and shared conference room
  • 1919 building construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,945
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,900 $78.9K
Cap Rate 7%
$56,357 $56.4K
Cap Rate 9%
$43,833 $43.8K
Market Conditions
NOI Build-Up for 240 SF
Gross rent
$6.6K $27.36/SF
− Vacancy
−$1.3K −$5.44/SF
EGI
$5.3K $21.92/SF
− OpEx
−$1.3K −$5.48/SF
NOI
$3.9K $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%
$78,900
Cap Rate 7%
$56,357
Cap Rate 9%
$43,833

Alternative Uses

Best Use
Office B
$56.4K
$49.3K – $65.8K (±1% cap)
NOI $3,945 @ 7.0% cap · market cap 16,437.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$146.2K
$127.9K – $170.5K (±1% cap)
NOI $10,231 @ 7.0% cap · market cap 42,629.17%
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 - Efficient office space includes shared restrooms and access to a common conference room.
Where is this office unit located?
The property is located at 1 Park St Unit 210 Attleboro, MA.
What are key features of this property?
This property features: 240 SF office unit; Common restrooms and shared conference room; 1919 building construction
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