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Office Building with Conference Rooms
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106 Commonwealth Ave, North Attleboro, MA 02760

A renovated office layout combines private work areas, shared workspace, meeting rooms, and on-site parking.

Property Size3,035 SF
Price / SF$0.95
Days on Market6

Property Features for 106 Commonwealth Ave

General Information

Standard status Active
Size 3,035 SF
Property subtype Commercial

Additional Details

Property Use Office

Building Details

Year Built 1900
Construction brick
Listing Agency: Century 21 North East
Listed By: Lois Decoste
Source: Lockandkeyre
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 24 at 6:56PM

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 Century 21 North East

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Investment Insights

Based on property information with market context.

The 3,035-SF brick-front office building includes a 17-by-19-foot reception area, seven private offices, and a 14-by-31-foot open work area with a reception window. Two conference rooms and two half baths round out the interior. Fresh flooring and paint have been completed, and an illuminated 4-by-8-foot sign is positioned at the front of the property.

On-site parking serves clients and employees. The property is in North Attleboro, and all uses require approval from the North Attleboro Building Department.

Key Highlights

  • 3,035‑SF brick‑front office building
  • Seven private offices, a 14‑by‑31‑foot open work area, and a 17‑by‑19‑foot reception area
  • Two conference rooms and two half baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,885
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,700 $997.7K
Cap Rate 7%
$712,643 $712.6K
Cap Rate 9%
$554,278 $554.3K
Market Conditions
NOI Build-Up for 3,035 SF
Gross rent
$83.0K $27.36/SF
− Vacancy
−$16.5K −$5.44/SF
EGI
$66.5K $21.92/SF
− OpEx
−$16.6K −$5.48/SF
NOI
$49.9K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,700
Cap Rate 7%
$712,643
Cap Rate 9%
$554,278

Alternative Uses

Best Use
Office B
$712.6K
$623.6K – $831.4K (±1% cap)
NOI $49,885 @ 7.0% cap · market cap 1,735.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,378 @ 7.0% cap · market cap 4,500.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 02760, MA

28,716
Population
12,359
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,595
Density / Sq Mi
$109,350
Median Household Income
$63,501
Median Earnings
$1,386
Median Rent
$458,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - A renovated office layout combines private work areas, shared workspace, meeting rooms, and on-site parking.
Where is this office unit located?
The property is located at 106 Commonwealth Ave North Attleboro, MA.
What are key features of this property?
This property features: 3,035‑SF brick‑front office building; Seven private offices, a 14‑by‑31‑foot open work area, and a 17‑by‑19‑foot reception area; Two conference rooms and two half baths
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