First-Floor Office
For Sale
$149,900
1017 Turnpike St # 23 Canton, Canton, MA 02021
Ground-level access and on-site parking support convenient visits for clients and staff.
Property Size592 SF
Price / SF$253.21
Days on Market143
Property Features for 1017 Turnpike St # 23 Canton
General Information
Standard status
Active
Size
592 SF
Zoning
Comm Condo
Additional Details
Floor
First Floor
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,822
Building Details
Building Size
592 SF
Year Built
1986
Listed By:
Sharon Lucido
(508) 643-8166
Source:
Bournetosellrealestate
Added: May 29
Changed: Oct 7
Last Checked: Oct 7 at 9:42AM
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 Sharon Lucido
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 592-square-foot office condominium occupies the first floor of a professionally managed commercial property at 1017 Turnpike St #23 in Canton, Massachusetts. Built in 1986 and zoned Comm Condo, the suite offers an efficient footprint that can accommodate private offices, open work areas, or a small practice. Ground-level entry supports straightforward access for occupants and visitors, while on-site parking is available.
The property sits along Turnpike Street, also identified as Route 138, with access to Route 95, Route 93, and nearby amenities. Its office condominium format may suit an owner-occupant or investor seeking a compact commercial unit in an established setting.
The property sits along Turnpike Street, also identified as Route 138, with access to Route 95, Route 93, and nearby amenities. Its office condominium format may suit an owner-occupant or investor seeking a compact commercial unit in an established setting.
Key Highlights
- 592 SF first‑floor office condominium
- Ground‑level entry for convenient access
- Efficient layout for private offices or open work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,991
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,820
$259.8K
Cap Rate 7%
$185,586
$185.6K
Cap Rate 9%
$144,344
$144.3K
Market Conditions
NOI Build-Up for 592 SF
Gross rent
$20.7K $35.04/SF
− Vacancy
−$3.4K −$5.78/SF
EGI
$17.3K $29.26/SF
− OpEx
−$4.3K −$7.31/SF
NOI
$13.0K $21.94/SF
Area
Norfolk County, MA
Vacancy
16.50%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,820
Cap Rate 7%
$185,586
Cap Rate 9%
$144,344
Alternative Uses
Best Use
Office B
$185.6K
$162.4K – $216.5K
NOI $12,991 @ 7.0% cap · market cap 8.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$350.5K
$306.7K – $408.9K
NOI $24,532 @ 7.0% cap · market cap 16.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 02021, MA
24,370
Population
9,955
Households
2.4
Avg Household Size
43
Median Age
65%
College-Educated
97%
High-School Grad
18.7 sq mi
ZIP Area
1,303
Density / Sq Mi
$128,341
Median Household Income
$80,408
Median Earnings
$2,237
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Ground-level access and on-site parking support convenient visits for clients and staff.
Where is this office units located?
The property is located at 1017 Turnpike St # 23 Canton Canton, MA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 592 SF first‑floor office condominium; Ground‑level entry for convenient access; Efficient layout for private offices or open work areas
