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Mixed-Use Building with Retail
For Sale
$449,900

1 Taunton Office Bld, Taunton, MA 02780

Commercial Sale, Taunton, MA

Property Size3,133 SF
Lot Size0.04 Acres
Price / SF$143.60
Days on Market136

Property Features for 1 Taunton Office Bld

General Information

Property type Commercial Sale
Property subtype Other
Zoning unk
Zoning description Legal Conforming
Directions NDA is required
Standard status Active
Size 3,133 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 1960
Listing Agency: Keller Williams South Watuppa · Keller Williams Realty
Listed By: Clifford Ponte · License #9554597
Added: Apr 20 Changed: Aug 31 Last Checked: Sep 2 at 3:06PM
MLS# 73504329

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property contains 3,133 square feet arranged as one street-level retail unit and five office suites. Built in 1960, the building combines retail and office components within a compact 0.04-acre parcel, providing a multi-suite configuration for commercial occupancy.

Located in downtown Taunton’s business district, the property is within walking distance of local amenities, restaurants, and municipal offices. Its central setting provides access to nearby services and supports both retail and office uses in an established commercial environment.

Key Highlights

  • 3,133‑square‑foot mixed‑use commercial property
  • One street‑level retail unit plus five office suites
  • Built in 1960 on a 0.04‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,009
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.23%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$740,180 $740.2K
Cap Rate 7%
$528,700 $528.7K
Cap Rate 9%
$411,211 $411.2K
Market Conditions
NOI Build-Up for 3,133 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.8K $21.00/SF
− Vacancy
−$6.6K −$2.10/SF
EGI
$59.2K $18.90/SF
− OpEx
−$22.2K −$7.09/SF
NOI
$37.0K $11.81/SF
Area
Bristol County, MA
Vacancy
10.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$740,180
Cap Rate 7%
$528,700
Cap Rate 9%
$411,211

Alternative Uses

Best Use
Retail
$919.2K
$804.3K – $1.07M (±1% cap)
NOI $64,346 @ 7.0% cap · market cap 14.30%
Second Best
Office B
$735.7K
$643.7K – $858.3K (±1% cap)
NOI $51,496 @ 7.0% cap · market cap 11.45%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,556 @ 7.0% cap · market cap 29.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Lease Details

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 02780, MA

52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail is paired with five office suites in a downtown commercial setting.
Where is this mixed-use property located?
The property is located at 1 Taunton Office Bld Taunton, MA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,133‑square‑foot mixed‑use commercial property; One street‑level retail unit plus five office suites; Built in 1960 on a 0.04‑acre parcel
More about this property
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