First-Floor Fully Furnished Office
511 W Grove St 105 Middleboro, MA 02346
511 W Grove St 105, Middleboro, MA, 02346
$349,900
For Sale
$349,900
Move-in-ready first-floor furnished office condo with waiting and reception areas, five private offices, and private bathroom.
Property Size1,446 SF
Price / SF$241.98
Days on Market70
Property Features for 511 W Grove St 105
General Information
- Standard status
- Active
- Size
- 1,446 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agency
Keller Williams Elite
(617) 851-0150
Listed by
Team Kelleher
(617) 851-0150
Source
Elliman
Added: May 14 Updated: Jul 21 at 7:54PM Checked: Jul 22 at 11:39AM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This move-in-ready first-floor fully furnished office condo offers a practical, client-facing layout designed for day-to-day operations. The suite includes a welcoming waiting room and dedicated reception area, plus five private offices. Additional interior features include a spacious record storage room, a private bathroom, and a convenient break room.
The space has an accessible street-level entry and includes ample parking for staff and clients. Public transit and foot-traffic indicators provided are walkScore 10 and bikeScore 30 (somewhat bikeable), suggesting the property is primarily served by car.
Overall, the suite is well maintained and offers a ready-to-occupy configuration for professional office use, including medical, legal, or administrative services as described in the remarks.
The space has an accessible street-level entry and includes ample parking for staff and clients. Public transit and foot-traffic indicators provided are walkScore 10 and bikeScore 30 (somewhat bikeable), suggesting the property is primarily served by car.
Overall, the suite is well maintained and offers a ready-to-occupy configuration for professional office use, including medical, legal, or administrative services as described in the remarks.
Key Highlights
- 1,446 sq. ft. first‑floor furnished office condo at 511 W Grove St, Taunton (built 1986).
- Move‑in‑ready layout with a waiting room and a dedicated reception area for client greeting.
- Includes five private offices plus a spacious record storage room.
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 | $48.6k | $33.60 |
| − Vacancy | −$8.3k | −$5.71 |
| EGI | $40.3k | $27.89 |
| − OpEx | −$10.1k | −$6.97 |
| NOI | $30.2k | $20.92 |
1,446 SF · lease $33.60/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$432.1K
$378.1K – $504.1K
NOI $30,245 @ 7.0% cap · market cap 8.64%
Second Best
Healthcare Medical
$385.2K
$337.1K – $449.4K
NOI $26,965 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$856.0K
$749.0K – $998.7K
NOI $59,922 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Move-in-ready first-floor furnished office condo with waiting and reception areas, five private offices, and private bathroom.
Where is this office units located?
The property is located at 511 W Grove St 105 Middleboro, MA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,446 sq. ft. first‑floor furnished office condo at 511 W Grove St, Taunton (built 1986).; Move‑in‑ready layout with a waiting room and a dedicated reception area for client greeting.; Includes five private offices plus a spacious record storage room.
