Building Details

Year built 1900

Listing Agency: Keller Williams Realty

Listed By: Scott Morris Show Phone

Added: Dec 15, 2025 Changed: Oct 16 Last Checked: Oct 20 at 7:06PM

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MLS# 73462297

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Investment Insights

Based on property information with market context.

This 918-square-foot office building sits on a 0.34-acre lot and dates to 1900. The vinyl-sided structure contains multiple rooms that can support professional offices, medical use, or other business functions. Its flexible interior arrangement provides several separate areas within a compact commercial building.

The property is located at 140 Brockton Ave in Abington, Massachusetts, with exposure along Brockton Avenue. Major routes MA 18, MA 58, and MA 123 are nearby, while the Abington MBTA commuter rail station is approximately one mile away. The site is zoned Highway Commercial (HC) and is positioned near Abington Center.

Key Highlights

• 918‑square‑foot office building on a 0.34‑acre lot
• Built in 1900 with vinyl siding
• Multiple rooms support flexible office or medical layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,201

Cap Rate

5.91%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$384,020 $384.0K

Cap Rate 7%

$274,300 $274.3K

Cap Rate 9%

$213,344 $213.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 918 SF

Gross rent

$30.8K $33.60/SF

− Vacancy

−$5.2K −$5.71/SF

EGI

$25.6K $27.89/SF

− OpEx

−$6.4K −$6.97/SF

NOI

$19.2K $20.92/SF

Area

Plymouth County, MA

Vacancy

17.00%

Lease Rate

$33.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$384,020

Cap Rate 7%

$274,300

Cap Rate 9%

$213,344

Alternative Uses

Best Use

Office B

$274.3K

$240.0K – $320.0K (±1% cap)

NOI $19,201 @ 7.0% cap · market cap 5.91%

Second Best

Healthcare Medical

$244.6K

$214.0K – $285.3K (±1% cap)

NOI $17,119 @ 7.0% cap · market cap 5.27%

Theoretical Best

Office A

$543.5K

$475.5K – $634.0K (±1% cap)

NOI $38,042 @ 7.0% cap · market cap 11.71%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Griggs and Browne - Eastern ... Garden Center

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

Explore this area Business Placement

Demographics for 02351, MA

17,085

Population

6,576

Households

2.6

Avg Household Size

41

Median Age

40%

College-Educated

96%

High-School Grad

10.0 sq mi

ZIP Area

1,709

Density / Sq Mi

$119,787

Median Household Income

$61,646

Median Earnings

$1,547

Median Rent

$516,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Vinyl-sided office property with multiple rooms in HC zoning for professional or medical use.

Where is this office building located?

The property is located at 140 Brockton Ave Abington, MA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: 918‑square‑foot office building on a 0.34‑acre lot; Built in 1900 with vinyl siding; Multiple rooms support flexible office or medical layouts