Historic Office
For Sale
$325,000
140 Brockton Ave, Abington, MA 02351
Commercial Sale, Abington, MA
Property Size918 SF
Lot Size0.34 Acres
Price / SF$354.03
Days on Market264
Property Features for 140 Brockton Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Zoning description
Legal Conforming
Directions
MA-24 North to MA-18 North
Standard status
Active
APN
M:22 L:83,923295
Size
918 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4192
Building Details
Year built
1900
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Dec 15, 2025
Changed: Sep 3
Last Checked: Sep 5 at 3:06PM
MLS# 73462297
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this 918-square-foot office building has vinyl siding and a flexible interior arrangement with multiple rooms. The property includes two bathrooms, configured as one full bath and one half bath, along with a 0.34-acre lot. Its Highway Commercial (HC) zoning supports the property's commercial office setting.
The building is located at 140 Brockton Ave in Abington, Massachusetts, with visibility along Brockton Avenue. Major routes 18, 58, and 123 are nearby, and the Abington MBTA commuter rail station is approximately one mile away. The address is in Plymouth County, ZIP Code 02351.
The building is located at 140 Brockton Ave in Abington, Massachusetts, with visibility along Brockton Avenue. Major routes 18, 58, and 123 are nearby, and the Abington MBTA commuter rail station is approximately one mile away. The address is in Plymouth County, ZIP Code 02351.
Key Highlights
- 918‑square‑foot office building constructed in 1900
- 0.34‑acre lot with frontage along Brockton Avenue
- Highway Commercial (HC) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,201
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,020
$384.0K
Cap Rate 7%
$274,300
$274.3K
Cap Rate 9%
$213,344
$213.3K
Market Conditions
NOI Build-Up for 918 SF
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $19,201 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.5K
$475.5K – $634.0K
NOI $38,042 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible room arrangement with one full bath and one half bath supports varied professional office configurations.
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 constructed in 1900; 0.34‑acre lot with frontage along Brockton Avenue; Highway Commercial (HC) zoning
