ADA-Compliant Medical Office
New
For Sale
Contact for pricing
102 W Center St, West Bridgewater, MA 02379
Built for accessible operation, the suite sits along the Rt. 106 corridor near connections to Rt. 24 and Rt. 28.
Property Size900 SF
Price / SF$2.11
Days on Market7
Property Features for 102 W Center St
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1847
Listing Agency:
Lock and Key Realty
Listed By:
Jordan Healy
(413) 717-0635
Source:
Lockandkeyre
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 15 at 1:19AM
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 Lock and Key Realty
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Investment Insights
Based on property information with market context.
The medical office suite was built in 2018 and is fully ADA compliant. It contains approximately 900 sq. ft., with another 900 sq. ft. available to combine for a 1,800 sq. ft. configuration.
The property is on Rt. 106, a corridor used by westbound Rt. 24 commuters. Rt. 24 is a few miles away, while Rt. 28 is seconds away.
The property is on Rt. 106, a corridor used by westbound Rt. 24 commuters. Rt. 24 is a few miles away, while Rt. 28 is seconds away.
Key Highlights
- Approximately 900 sq. ft. medical office suite
- Another 900 sq. ft. is available for a combined 1,800 sq. ft. configuration
- Built in 2018 and fully ADA compliant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,783
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,660
$335.7K
Cap Rate 7%
$239,757
$239.8K
Cap Rate 9%
$186,478
$186.5K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$30.2K $33.60/SF
− Vacancy
−$2.3K −$2.52/SF
EGI
$28.0K $31.08/SF
− OpEx
−$11.2K −$12.43/SF
NOI
$16.8K $18.65/SF
Area
Plymouth County, MA
Vacancy
7.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,660
Cap Rate 7%
$239,757
Cap Rate 9%
$186,478
Alternative Uses
Best Use
Office B
$268.9K
$235.3K – $313.7K
NOI $18,824 @ 7.0% cap · market cap 990.74%
Second Best
Healthcare Medical
$239.8K
$209.8K – $279.7K
NOI $16,783 @ 7.0% cap · market cap 883.32%
Theoretical Best
Office A
$532.8K
$466.2K – $621.6K
NOI $37,296 @ 7.0% cap · market cap 1,962.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02379, MA
7,697
Population
2,955
Households
2.6
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
503
Density / Sq Mi
$124,483
Median Household Income
$56,818
Median Earnings
$2,011
Median Rent
$501,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built for accessible operation, the suite sits along the Rt. 106 corridor near connections to Rt. 24 and Rt. 28.
Where is this medical office space located?
The property is located at 102 W Center St West Bridgewater, MA.
What are key features of this property?
This property features: Approximately 900 sq. ft. medical office suite; Another 900 sq. ft. is available for a combined 1,800 sq. ft. configuration; Built in 2018 and fully ADA compliant
