Versatile Commercial Property For
12-16 Brooks Ave, Quincy, MA 02169
For Sale
$599,000
Standalone commercial property with two spaces, ideal for investors.
Property Size2,090 SF
Price / SF$286.60
Days on Market504
Property Features for 12-16 Brooks Ave
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
V & E Realty
(617) 786-9399
Listed By:
Derek Wong · License MA #455500324
(617) 290-8289
Source:
Corcoran
Added: Jun 25, 2025
Changed: Aug 9
Last Checked: Jul 22 at 4:00AM
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 V & E Realty
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Investment Insights
Based on property information with market context.
This standalone commercial property offers 2090 square feet of space and features two separate spaces, each with its own private entrance. This layout makes it suitable for multiple tenants or a variety of business uses. The finished lower level provides additional storage or potential office space, enhancing the property's versatility. The property is currently vacant.
Key Highlights
- Standalone commercial property with two separate spaces.
- Each space has a private entrance, suitable for multiple tenants.
- Finished lower level provides additional storage or office space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,708
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,160
$674.2K
Cap Rate 7%
$481,543
$481.5K
Cap Rate 9%
$374,533
$374.5K
Market Conditions
NOI Build-Up for 2,090 SF
Gross rent
$50.2K $24.00/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$48.2K $23.04/SF
− OpEx
−$14.4K −$6.91/SF
NOI
$33.7K $16.13/SF
Area
Quincy, MA
Vacancy
4.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,160
Cap Rate 7%
$481,543
Cap Rate 9%
$374,533
Alternative Uses
Best Use
Office B
$808.8K
$707.7K – $943.6K
NOI $56,618 @ 7.0% cap · market cap 9.45%
Second Best
Retail
$481.5K
$421.4K – $561.8K
NOI $33,708 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,476 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,431
Businesses Nearby
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Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in Quincy
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Standalone commercial property with two spaces, ideal for investors.
Where is this office unit located?
The property is located at 12-16 Brooks Ave Quincy, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Standalone commercial property with two separate spaces.; Each space has a private entrance, suitable for multiple tenants.; Finished lower level provides additional storage or office space.
