Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    536 Broad St, Unit 6-10 Weymouth, MA 02189

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $639,999

    Turnkey medical office condo in Weymouth, MA, for sale.

    Property Features for 536 Broad St

    General Information

    Property type
    Commercial
    Standard status
    Active

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Dmitriy Shnitman
    Dmitriy Shnitman
    Source: Elliman

    Listing Agency: Conviser Property Group Listing Agent: Dmitriy Shnitman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Medical Office Condo For Sale

    Located at 536 Broad Street, Units #6–10, Weymouth, MA, this medical office condominium offers a functional space of approximately 2,541 square feet. The corner unit is a turnkey opportunity for a medical end user seeking immediate occupancy in a professionally managed medical building. The space includes 10 rooms, 3 private bathrooms, and a dedicated kitchenette, creating an efficient environment for staff and visitors. The corner positioning provides abundant natural light and visibility within the building. The property is strategically situated approximately 3 miles from South Shore Hospital and 1 mile from East Weymouth Commuter Rail Station. It is also ideally positioned within a dense residential neighborhood. A large parking lot offers 70 surface parking spaces.
    Location Intelligence

    Current Use by Public Records

    Dr. Shahram Moghaddam Dental Office Weymouth Smiles Dental Dental Office Dr. Parsia Koleini Dental Office Kream & Kream Law Firm Baystate Foot Health ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Weymouth
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.938286
    Latitude
    42.2180156

    Nearby Similar for Sale

    • $499,900
      2,000 SF

      Renovated Creative Workspace Near Transit

      Classic stone building with creative workspace near East Weymouth transit.
      20 Iron Hill St, Weymouth, MA 02189
      View Details
    • Contact for pricing

      Freestanding Retail Building on Route 53

      1,574 SF retail building with high visibility and parking.
      995 Washington St, Weymouth, MA 02189
      View Details
    • $495,000
      2,504 SF

      East Weymouth Auto Body Shop

      Auto body shop with fenced yard and paint shop.
      132 St E, East Weymouth, MA
      View Details
    • $2,499,900

      Automotive Shop with Office Space

      Commercial property featuring an automotive shop and office space.
      40 Moore Rd, Weymouth, MA 02189
      View Details
    • $2,499,900

      Automotive Shop with Office Space

      Commercial property featuring an automotive shop and office space.
      40 Moore Rd, Weymouth, MA 02189
      View Details
    • Contact for pricing

      Weymouth Flex/Manufacturing Facility For Sale

      24,114 SF flex/manufacturing space on 3 acres near Routes 18/3.
      944 Middle St, Weymouth, MA 02188
      View Details
    • Contact for pricing

      Retail Property in South Weymouth

      Single-tenant retail property in Pleasant Street commercial district.
      101 Pleasant St, Weymouth, MA 02190
      View Details
    • $749,900

      Spacious Two-Family Home on Large Lot

      Two-family home on .79 acres in desirable Weymouth neighborhood.
      30 Puritan Rd, Weymouth, MA 02189
      View Details
    • Contact for pricing

      Turnkey Restaurant in Prime Location

      Established pizza restaurant for sale in Weymouth, Massachusetts.
      Union St, Weymouth, MA 02190
      View Details
    • $204,999

      536 Broad St 3, Weymouth, MA 02189

      Medical Office Space
      536 Broad St, Weymouth, MA 02189
      View Details
    • Contact for pricing
      50,271 SF

      Manufacturing/Warehouse Building Near Boston

      Flexible manufacturing/warehouse space with loading docks, drive-in, and ample power.
      45 Finnell Dr, Weymouth, MA 02188
      View Details
    • Contact for pricing

      Turnkey Restaurant Opportunity For Sale

      Restaurant in new residential development, fixtures and equipment included.
      39 Trotter Rd, Weymouth, MA 02190
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey medical office condo in Weymouth, MA, for sale.
    Where is this medical office space located?
    The property is located at 536 Broad St, Unit 6-10 Weymouth, MA.
    What is the asking price?
    The asking price for this property is $639,999.
    What are key features of this property?
    This property features: - Turnkey medical office condominium, ready for immediate occupancy.; - Prime corner unit with ±2,541 square feet, offering abundant natural light and excellent visibility.; - Includes 10 rooms, 3 private bathrooms, and a dedicated kitchenette.
    (305) 751-6400
    Request Owner's contact information
    536 Broad St, Unit 6-10 Weymouth, MA 02189
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    536 Broad St, Unit 6-10
    Weymouth, MA 02189
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    536 Broad St, Unit 6-10 Weymouth, MA 02189
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dmitriy Shnitman
    Dmitriy Shnitman
    (305) 751-6400 (617) 953-9892 (781) 320-0600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!