Medical Office Space with Four
New
For Sale
$415,000
144 S Main St, Acushnet, MA 02743
Accessible professional setting with hardwood floors, a waiting area, sinks, and dedicated off-street parking.
Property Size1,952 SF
Days on Market3
Property Features for 144 S Main St
General Information
Standard status
Active
Size
1,952 SF
Total Parking Spaces
5
Property subtype
Commercial
Building Details
Building Size
1,952 SF
Year Built
1952
Listing Agency:
RE/MAX Vantage
(774) 992-0297
Listed By:
Mirelia Furtado · License #9575800
(508) 971-4046
Source:
Iverty
Added: Sep 1
Changed: Sep 3
Last Checked: Sep 3 at 2:21AM
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 RE/MAX Vantage
Investment Insights
Based on property information with market context.
Built in 1952, this medical office property at 144 S Main St is arranged for practical professional use. The interior includes four working rooms, each with an individual sink, along with a separate office and a waiting area. Hardwood flooring runs throughout the building, creating a consistent finish across the interior.
The building is fully handicap accessible and provides dedicated off-street parking for five vehicles. Offered in as-is condition, the property combines a medical-office layout with supporting administrative and reception areas.
The building is fully handicap accessible and provides dedicated off-street parking for five vehicles. Offered in as-is condition, the property combines a medical-office layout with supporting administrative and reception areas.
Key Highlights
- Four working rooms, each equipped with its own sink
- Separate office and waiting area included
- Hardwood flooring throughout the building
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
$32,084
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
7.73%
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%
$641,680
$641.7K
Cap Rate 7%
$458,343
$458.3K
Cap Rate 9%
$356,489
$356.5K
Market Conditions
NOI Build-Up for 1,952 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
$53.4K $27.36/SF
− Vacancy
−$10.6K −$5.44/SF
EGI
$42.8K $21.92/SF
− OpEx
−$10.7K −$5.48/SF
NOI
$32.1K $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 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%
$641,680
Cap Rate 7%
$458,343
Cap Rate 9%
$356,489
Alternative Uses
Best Use
Healthcare Medical
$809.4K
$708.3K – $944.4K
NOI $56,661 @ 7.0% cap · market cap 13.65%
Second Best
Office B
$458.3K
$401.1K – $534.7K
NOI $32,084 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,211 @ 7.0% cap · market cap 20.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02743, MA
10,434
Population
4,139
Households
2.5
Avg Household Size
46
Median Age
26%
College-Educated
88%
High-School Grad
18.1 sq mi
ZIP Area
576
Density / Sq Mi
$90,683
Median Household Income
$55,896
Median Earnings
$1,155
Median Rent
$407,000
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?
Medical Office Space - Accessible professional setting with hardwood floors, a waiting area, sinks, and dedicated off-street parking.
Where is this medical office space located?
The property is located at 144 S Main St Acushnet, MA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four working rooms, each equipped with its own sink; Separate office and waiting area included; Hardwood flooring throughout the building
