Ground-Level Office
For Sale
$234,900
140 North Walker Street, Taunton, MA 02780
Flexible workspace includes a break area, private room, and dedicated parking.
Property Size840 SF
Price / SF$279.64
Days on Market12
Property Features for 140 North Walker Street
General Information
Standard status
Active
Size
840 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
Mixed, Legal Conforming
Additional Details
Floor
Ground Floor
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,596
Building Details
Building Size
840 SF
Year Built
2021
Listing Agency:
Century 21 Realty Network
(508) 822-0500
Listed By:
The Andrews Group
(508) 254-3003
Source:
Condonrealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 29 at 7:30PM
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 Century 21 Realty Network
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Investment Insights
Based on property information with market context.
This 840-square-foot office condominium occupies the ground level and offers an open work area, a closet, and a break room that can also serve as a second office. A tiled bathroom includes a mop sink. The suite was built in 2021 and has central heating and air conditioning, a tankless water heater, and ample natural light.
The unit is part of a mixed-use development with 23 residential condominiums and 5 mixed-use condominiums. Parking includes 2 deeded spaces, along with visitor parking. Zoning is Mixed, Legal Conforming.
The unit is part of a mixed-use development with 23 residential condominiums and 5 mixed-use condominiums. Parking includes 2 deeded spaces, along with visitor parking. Zoning is Mixed, Legal Conforming.
Key Highlights
- 840‑square‑foot ground‑level office condominium
- Open work area, closet, and break room/second office
- Tiled bathroom equipped with a mop sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,807
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,140
$276.1K
Cap Rate 7%
$197,243
$197.2K
Cap Rate 9%
$153,411
$153.4K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$23.0K $27.36/SF
− Vacancy
−$4.6K −$5.44/SF
EGI
$18.4K $21.92/SF
− OpEx
−$4.6K −$5.48/SF
NOI
$13.8K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,140
Cap Rate 7%
$197,243
Cap Rate 9%
$153,411
Alternative Uses
Best Use
Office B
$197.2K
$172.6K – $230.1K
NOI $13,807 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.5K
$447.6K – $596.8K
NOI $35,808 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
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Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible workspace includes a break area, private room, and dedicated parking.
Where is this office unit located?
The property is located at 140 North Walker Street Taunton, MA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 840‑square‑foot ground‑level office condominium; Open work area, closet, and break room/second office; Tiled bathroom equipped with a mop sink
