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Two-Story Office Building with Elevator
For Sale
$1,300,000

141 Park Street, Attleboro, MA 02703

Flexible interior includes offices, conference rooms, open work areas, kitchenettes, and multiple restrooms.

Property Size6,500 SF
Price / SF$200
Days on Market93

Property Features for 141 Park Street

General Information

Standard status Active
Size 6,500 SF
Elevators Yes
Property subtype Commercial

Site & Location

Public Transit Yes
Utilities to Site Yes

Amenities

conference rooms
open workspace areas
common space
kitchenettes

Building Details

Year Built 1980
Buildings 1
Stories 2
Building Size 6,500 SF
Listing Agency: Keller Williams Elite
Listed By: Susan Lee
Source: Highlandre
Added: Jul 16 Changed: Oct 15 Last Checked: Oct 14 at 11:17PM

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

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Investment Insights

Based on property information with market context.

This approximately 6,500-square-foot office property is arranged across two stories and was built in 1980. The interior includes private offices, conference rooms, open work areas, shared spaces, 2 kitchenettes, and multiple restrooms. Elevator service and ADA compliance support accessible use throughout the building.

Located at 141 Park Street in downtown Attleboro, the property is near restaurants, banks, retail, public transportation, and the hospital. Parking is available at both the front and rear of the building. The property also has natural gas, city sewer, and a generator.

Key Highlights

  • Approximately 6,500 square feet across two stories
  • Elevator access and ADA‑compliant design
  • Offices, conference rooms, open work areas, and shared spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,837
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,740 $2.1M
Cap Rate 7%
$1,526,243 $1.5M
Cap Rate 9%
$1,187,078 $1.2M
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$177.8K $27.36/SF
− Vacancy
−$35.4K −$5.44/SF
EGI
$142.4K $21.92/SF
− OpEx
−$35.6K −$5.48/SF
NOI
$106.8K $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%
$2,136,740
Cap Rate 7%
$1,526,243
Cap Rate 9%
$1,187,078

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,837 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.96M
$3.46M – $4.62M (±1% cap)
NOI $277,087 @ 7.0% cap · market cap 21.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Garden Center Parking Lot & Garage Pet Grooming Service

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,478
Businesses Nearby

Demographics for 02703, MA

46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Flexible interior includes offices, conference rooms, open work areas, kitchenettes, and multiple restrooms.
Where is this office building located?
The property is located at 141 Park Street Attleboro, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 6,500 square feet across two stories; Elevator access and ADA‑compliant design; Offices, conference rooms, open work areas, and shared spaces
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