Office Condo with
For Sale
$345,000
12-63 Shore Rd, Winchester, MA 01890
The interior combines an open work area with a private restroom and dedicated storage.
Property Size625 SF
Price / SF$552
Days on Market17
Property Features for 12-63 Shore Rd
General Information
Standard status
Active
Size
625 SF
Additional Details
Public Transit
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$2,524
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty - Boston
(617) 266-4430
Listed By:
Shaundize Moosavizadeh
(617) 549-3739
Source:
Exprealty
Added: Sep 24
Changed: Oct 7
Last Checked: Oct 9 at 9:50PM
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 Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
This office condominium at Judkin Green provides 625 square feet of open interior space, along with a private bathroom and a separate storage room. The layout offers a straightforward starting point for an office user seeking a compact, adaptable workspace.
The property is in downtown Winchester, near businesses, restaurants, shops, parking, and commuter rail. Other businesses at Judkin Green include accounting, insurance, mortgage, dental, and medical services.
The property is in downtown Winchester, near businesses, restaurants, shops, parking, and commuter rail. Other businesses at Judkin Green include accounting, insurance, mortgage, dental, and medical services.
Key Highlights
- 625 square feet of open office space
- Private bathroom and separate storage room
- Located at Judkin Green in downtown Winchester
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,832
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,640
$396.6K
Cap Rate 7%
$283,314
$283.3K
Cap Rate 9%
$220,356
$220.4K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$33.9K $54.24/SF
− Vacancy
−$7.5K −$11.93/SF
EGI
$26.4K $42.31/SF
− OpEx
−$6.6K −$10.58/SF
NOI
$19.8K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,640
Cap Rate 7%
$283,314
Cap Rate 9%
$220,356
Alternative Uses
Best Use
Office B
$283.3K
$247.9K – $330.5K
NOI $19,832 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.0K
$323.8K – $431.7K
NOI $25,900 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Explore this area
Business Placement
Demographics for 01890, MA
22,970
Population
8,283
Households
2.8
Avg Household Size
43
Median Age
78%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
3,828
Density / Sq Mi
$218,176
Median Household Income
$107,083
Median Earnings
$2,271
Median Rent
$1,181,700
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 - The interior combines an open work area with a private restroom and dedicated storage.
Where is this office units located?
The property is located at 12-63 Shore Rd Winchester, MA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 625 square feet of open office space; Private bathroom and separate storage room; Located at Judkin Green in downtown Winchester
