Professional Office Suite with
For Sale
Contact for pricing
130 County Rd # A, Ipswich, MA 01938
Six-room office suite with private rooms, reception area, open bullpen, and an in-unit private bathroom.
Property Size789 SF
Price / SF$1.46
Days on Market216
Property Features for 130 County Rd # A
General Information
Standard status
Active
Size
789 SF
Property subtype
Commercial
Zoning
RRA
Lease Type
Gross
Taxes and HOA fees
Annual Taxes
$1,284
Amenities
large reception area
open bullpen
private in-unit bathroom
fully handicap accessible bathrooms
abundant on-site parking
Building Details
Building Size
789 SF
Year Built
1982
Listing Agency:
Churchill Properties
(833) 668-4649
Listed By:
Darla Harris
(508) 369-0002
Source:
Churchillprop
Added: Mar 19
Changed: Oct 15
Last Checked: Oct 19 at 3:59AM
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 Churchill Properties
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Investment Insights
Based on property information with market context.
Available for sub-lease, this approximately 789-square-foot professional office suite is located in the Cable Professional Building. Unit B features six rooms, including four private offices, a large reception area, and an open bullpen layout designed for day-to-day workflow. The suite includes a private in-unit bathroom, along with two fully handicap accessible bathrooms located in the common area.
The Cable Professional Building is located at the junction of Route 133 and 1A, providing convenient access to the surrounding area. The property offers an abundant amount of on-site parking spaces on campus.
Monthly rent includes heat, air conditioning, hot water, sewer, and electricity, which can simplify operating expenses for a professional tenant.
The Cable Professional Building is located at the junction of Route 133 and 1A, providing convenient access to the surrounding area. The property offers an abundant amount of on-site parking spaces on campus.
Monthly rent includes heat, air conditioning, hot water, sewer, and electricity, which can simplify operating expenses for a professional tenant.
Key Highlights
- Approximately 789 SF professional office suite (Unit B) in the Cable Professional Building (built 1982)
- 6‑room layout with four private rooms plus a large reception area and open bullpen
- Private in‑unit bathroom plus two fully handicap accessible bathrooms in the common area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,554
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,080
$291.1K
Cap Rate 7%
$207,914
$207.9K
Cap Rate 9%
$161,711
$161.7K
Market Conditions
NOI Build-Up for 789 SF
Gross rent
$26.5K $33.60/SF
− Vacancy
−$2.3K −$2.86/SF
EGI
$24.3K $30.74/SF
− OpEx
−$9.7K −$12.30/SF
NOI
$14.6K $18.45/SF
Area
Essex County, MA
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,080
Cap Rate 7%
$207,914
Cap Rate 9%
$161,711
Alternative Uses
Best Use
Office B
$314.2K
$274.9K – $366.5K
NOI $21,992 @ 7.0% cap · market cap 1,912.35%
Second Best
Healthcare Medical
$207.9K
$181.9K – $242.6K
NOI $14,554 @ 7.0% cap · market cap 1,265.57%
Theoretical Best
Office A
$467.1K
$408.7K – $544.9K
NOI $32,696 @ 7.0% cap · market cap 2,843.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 01938, MA
13,785
Population
6,270
Households
2.2
Avg Household Size
51
Median Age
57%
College-Educated
98%
High-School Grad
32.1 sq mi
ZIP Area
429
Density / Sq Mi
$124,405
Median Household Income
$62,161
Median Earnings
$1,525
Median Rent
$701,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Six-room office suite with private rooms, reception area, open bullpen, and an in-unit private bathroom.
Where is this office unit located?
The property is located at 130 County Rd # A Ipswich, MA.
What are key features of this property?
This property features: Approximately 789 SF professional office suite (Unit B) in the Cable Professional Building (built 1982); 6‑room layout with four private rooms plus a large reception area and open bullpen; Private in‑unit bathroom plus two fully handicap accessible bathrooms in the common area
