Mixed-Use Live-Work Office
120 High St Taunton, MA 02780
120 High St, Taunton, MA, 02780
$1,050,000
For Sale
$1,050,000
Turnkey mixed-use building with multiple offices and rooms, previously used as an insurance business.
Property Size5,745 SF
Price / SF$182.77
Days on Market16
Property Features for 120 High St
General Information
- Standard status
- Active
- Size
- 5,745 SF
Building Details
- Year Built
- 1900
Listing agency
Kelly Lewis Realty
(508) 823-6184
Listed by
Kelly Lewis · License #453500109
Source
Laerrealty
Added: Jul 7 Updated: Jul 22 at 9:12AM Checked: Jul 22 at 9:12AM
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 Kelly Lewis Realty
Investment Insights
Based on property information with market context.
This mixed-use live-work office building is described as turnkey and previously utilized as an insurance business. The space features multiple offices and rooms and includes the flexibility of both commercial and residential use, supported by its mixed-use configuration.
The property is positioned just steps from the Taunton Green, courthouse, restaurants, and local shops, and offers access to Route 44 and Route 24 for convenient travel.
Per the remarks, it is located in an Office District where office use is primarily described as residential and commercial. The property also notes that, with a special permit, it could be used as a sober house.
The property is positioned just steps from the Taunton Green, courthouse, restaurants, and local shops, and offers access to Route 44 and Route 24 for convenient travel.
Per the remarks, it is located in an Office District where office use is primarily described as residential and commercial. The property also notes that, with a special permit, it could be used as a sober house.
Key Highlights
- Mixed‑use building in Taunton previously used as an insurance business
- Approx. 5,745 sq ft with multiple offices and rooms for multi‑use occupancy
- Easy access to Route 44 and Route 24 for convenient travel
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.2k | $27.36 |
| − Vacancy | −$31.3k | −$5.44 |
| EGI | $125.9k | $21.92 |
| − OpEx | −$31.5k | −$5.48 |
| NOI | $94.4k | $16.44 |
5,745 SF · lease $27.36/SF/yr · vacancy 19.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.57M
NOI $94,428 @ 7.0% cap · market cap 8.99%
Second Best
Mixed Use
$969.5K
$848.3K – $1.13M
NOI $67,863 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$3.50M
$3.06M – $4.08M
NOI $244,902 @ 7.0% cap · market cap 23.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
World Insurance Associates ...
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Turnkey mixed-use building with multiple offices and rooms, previously used as an insurance business.
Where is this live-work space located?
The property is located at 120 High St Taunton, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Mixed‑use building in Taunton previously used as an insurance business; Approx. 5,745 sq ft with multiple offices and rooms for multi‑use occupancy; Easy access to Route 44 and Route 24 for convenient travel
