Canton Office Condo For
For Sale
$149,900
1017 Turnpike St 23, Canton, MA 02021
First-floor office condo in Canton, ideal for medical or professional use.
Property Size592 SF
Price / SF$253.21
Days on Market96
Property Features for 1017 Turnpike St 23
General Information
Standard status
Active
Size
592 SF
Property subtype
Commercial
Building Details
Year Built
1986
Listing Agency:
DMG Brokerage, LLC
(617) 895-9298
Listed By:
Jonathan Simon
(617) 895-9298
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 29 at 11:50AM
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 DMG Brokerage, LLC
Investment Insights
Based on property information with market context.
A 592 square foot first-floor office condominium is available for purchase at 1017 Turnpike Street in Canton, Massachusetts. The property is professionally managed and offers ground-level access. It is suitable for medical, professional, or service-oriented users. The suite has an efficient layout that can accommodate private offices, open work areas, or a small practice. Ample on-site parking is available. The property is located along the high-visibility Turnpike Street (Route 138) corridor, providing access to Route 95, Route 93, and nearby amenities. It is an owner-occupant or investment opportunity in a commercial location.
Key Highlights
- Convenient ground‑level access ideal for clients and staff.
- Well‑located on high‑visibility Turnpike Street (Route 138) corridor.
- Excellent access to Route 95 and Route 93.
Financial Insights For Office B
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 | $20.7k | $35.04 |
| − Vacancy | −$3.4k | −$5.78 |
| EGI | $17.3k | $29.26 |
| − OpEx | −$4.3k | −$7.31 |
| NOI | $13.0k | $21.94 |
592 SF · lease $35.04/SF/yr · vacancy 16.50% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
364
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - First-floor office condo in Canton, ideal for medical or professional use.
Where is this office units located?
The property is located at 1017 Turnpike St 23 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: Convenient ground‑level access ideal for clients and staff.; Well‑located on high‑visibility Turnpike Street (Route 138) corridor.; Excellent access to Route 95 and Route 93.
