513 Mill St Marion, MA 02738

Building Details

Year Built

1965

Listing agency Coastal Realty l***@comcast.net Show Phone

Listed by Lori A. Nery · License #451501061 Show Phone

Source Elliman

Added: Nov 28, 2025 Updated: Jul 6 at 10:56AM Checked: Jul 21 at 9:11AM

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Investment Insights

Based on property information with market context.

This meticulously maintained 15,787-square-foot investment property is available for purchase for the first time. Constructed in 1965, the building is situated on 1.89 acres of landscaped grounds located off Route 6. Currently, the property is leased to a global R&D/office tenant with a lease extending for 3 years, plus a 5-year option, generating approximately $150,000 annually in rental income. The tenant is responsible for most expenses. The building comprises 4 interconnected, single-level units and 1 freestanding unit, offering flexibility for an end user or conversion into 4 stand-alone rental spaces. Features include 3-phase electric, tile flooring, and abundant natural light. A 25,000-square-foot parking area is available. The space is suitable for a medical or nursing facility, adult or child daycare, R&D, office, or other commercial uses. The property's exceptional condition, strong cash flow, and versatile layout make it a unique opportunity in the Southcoast and Cape Cod commercial market.

Key Highlights

• Turn‑key 15,787 sq. ft. investment property on 1.89 acres.
• Generates approximately $150,000 annually in rental income with a tenant in place.
• Tenant pays most expenses under a 3‑year lease with a 5‑year option.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Office building - Turn-key investment property in Marion, MA with strong cash flow.

Where is this office building located?

The property is located at 513 Mill St Marion, MA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Turn‑key 15,787 sq. ft. investment property on 1.89 acres.; Generates approximately $150,000 annually in rental income with a tenant in place.; Tenant pays most expenses under a 3‑year lease with a 5‑year option.