Turnkey Medical Office
10-536 Broad St Weymouth, MA 02188
For Sale
$200,000
Pending
Corner medical office condo includes 10 rooms, three private bathrooms, and a dedicated kitchenette.
Property Size881 SF
Days on Market398
Property Features for 10-536 Broad St
General Information
- Standard status
- Pending
- Size
- 881 SF
Listing Agency:
Conviser Property Group, Inc.
(617) 953-9892
Listed By:
Dmitriy Shnitman
(617) 953-9892
Source:
Exprealty
Added: Jun 24, 2025
Changed: Jul 22
Last Checked: Jul 23 at 11:42AM
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 Conviser Property Group, Inc.
Investment Insights
Based on property information with market context.
This turnkey medical office condominium is offered as a professionally managed space and is configured as a highly functional corner unit. The suite totals 10 rooms and includes three private bathrooms plus a dedicated kitchenette, supporting day-to-day patient and staff flow.
The property is located at 536 Broad Street in Weymouth, with Units #6–10 referenced in the offering. A large on-site surface parking lot with 70 spaces is available for visitors and staff. The building is positioned approximately 3 miles from South Shore Hospital and about 1 mile from the East Weymouth Commuter Rail Station.
The corner placement is designed to enhance natural light and visibility within the building, making the unit particularly practical for medical use requiring a comfortable, accessible environment.
The property is located at 536 Broad Street in Weymouth, with Units #6–10 referenced in the offering. A large on-site surface parking lot with 70 spaces is available for visitors and staff. The building is positioned approximately 3 miles from South Shore Hospital and about 1 mile from the East Weymouth Commuter Rail Station.
The corner placement is designed to enhance natural light and visibility within the building, making the unit particularly practical for medical use requiring a comfortable, accessible environment.
Key Highlights
- 2,541 SF corner medical office condominium (Units #6–10) with 10 rooms, 3 private bathrooms, and a dedicated kitchenette
- Corner positioning within the building for abundant natural light and visibility
- 10‑room layout with 3 private bathrooms plus a kitchenette for staff and visitor convenience
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.6k | $33.60 |
| − Vacancy | −$3.1k | −$3.53 |
| EGI | $26.5k | $30.07 |
| − OpEx | −$10.6k | −$12.03 |
| NOI | $15.9k | $18.04 |
881 SF · lease $33.60/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$276.2K
$241.7K – $322.2K
NOI $19,332 @ 7.0% cap · market cap 9.67%
Second Best
Healthcare Medical
$227.1K
$198.7K – $264.9K
NOI $15,896 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$521.5K
$456.4K – $608.5K
NOI $36,508 @ 7.0% cap · market cap 18.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Off Market Nearby
- Veterinary Urgent Care Center - Braintree — 27 Commercial St, Braintree, MA 02184
FAQs
What type of property is this?
Medical Office Space - Corner medical office condo includes 10 rooms, three private bathrooms, and a dedicated kitchenette.
Where is this medical office space located?
The property is located at 10-536 Broad St Weymouth, MA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,541 SF corner medical office condominium (Units #6–10) with 10 rooms, 3 private bathrooms, and a dedicated kitchenette; Corner positioning within the building for abundant natural light and visibility; 10‑room layout with 3 private bathrooms plus a kitchenette for staff and visitor convenience
