Office Unit with Private
New
For Sale
Contact for pricing
106 Mechanic St, Foxboro, MA 02035
The layout includes six enclosed offices, a shared reception area and an on-site bathroom.
Property Size834 SF
Price / SF$2.40
Days on Market2
Property Features for 106 Mechanic St
General Information
Standard status
Active
Size
834 SF
Total Parking Spaces
12
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1960
Listing Agency:
Real Broker MA, LLC
(855) 450-0442
Listed By:
Robert O'Donnell
(508) 272-7303
Source:
Lockandkeyre
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:14PM
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 Real Broker MA, LLC
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Investment Insights
Based on property information with market context.
This 834-square-foot office unit has six private offices, a larger central area suited to reception or shared use, and a bathroom. The building was constructed in 1960, and on-site parking accommodates up to 12 vehicles.
At 106 Mechanic St, the property is one mile from Foxboro Center and near 95, 495 and Route 1. The road location and available parking provide practical access for office visitors and staff.
At 106 Mechanic St, the property is one mile from Foxboro Center and near 95, 495 and Route 1. The road location and available parking provide practical access for office visitors and staff.
Key Highlights
- 834 square feet of commercial office space
- Six private offices plus a larger reception or common area
- On‑site parking for up to 12 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,301
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,020
$366.0K
Cap Rate 7%
$261,443
$261.4K
Cap Rate 9%
$203,344
$203.3K
Market Conditions
NOI Build-Up for 834 SF
Gross rent
$29.2K $35.04/SF
− Vacancy
−$4.8K −$5.78/SF
EGI
$24.4K $29.26/SF
− OpEx
−$6.1K −$7.31/SF
NOI
$18.3K $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%
$366,020
Cap Rate 7%
$261,443
Cap Rate 9%
$203,344
Alternative Uses
Best Use
Office B
$261.4K
$228.8K – $305.0K
NOI $18,301 @ 7.0% cap · market cap 915.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.7K
$432.0K – $576.0K
NOI $34,561 @ 7.0% cap · market cap 1,728.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 02035, MA
18,618
Population
7,414
Households
2.5
Avg Household Size
42
Median Age
58%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
936
Density / Sq Mi
$108,559
Median Household Income
$62,457
Median Earnings
$1,763
Median Rent
$581,900
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?
Office unit - The layout includes six enclosed offices, a shared reception area and an on-site bathroom.
Where is this office unit located?
The property is located at 106 Mechanic St Foxboro, MA.
What are key features of this property?
This property features: 834 square feet of commercial office space; Six private offices plus a larger reception or common area; On‑site parking for up to 12 vehicles
