Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Space For Sale Title is generated by Realmo AI

    1565 Main Street Unit 2-102, Tewksbury, MA 01876

    View on Map
    Claim this Listing
    For Sale
    $750,000

    First floor medical office space in mixed-use complex.

    Type:Commercial
    Property size:
    3,524 SF
    Price / SF:
    $212/SF
    Added:
    Oct 13, 2025
    Days on Market:
    237
    Last Refresh:
    Apr 21 at 6:34 am

    Property Features for 1565 Main Street Unit 2-102

    General Information

    Standard status
    Active
    Size
    3,524 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Tom Caldarone

    Listing agent Tom Caldarone

    Listing office Omni Properties

    Listing date Oct 13, 2025

    Source Stevebremis

    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 Omni Properties

    HighLights

    • Prime first floor medical office space.
    • Easily accessible from three major highways: I‑495, 93 and I‑95/Rt. 128.
    • Features 4/5 exam rooms, 2/3 offices, large waiting room, check‑in counter, and nurses station.
    • Separate employee entrance.
    • Located in the Village Green mixed‑use complex (office, retail, and residential).
    • Includes a kitchenette.

    Overview

    This is a first-floor medical office space featuring 4 or 5 exam rooms, 2 or 3 offices, a large waiting room, check-in counter, nurses station, and kitchenette. It also includes a separate employee entrance. The property is located in Building 2 of the Village Green complex, a mixed-use development consisting of office, retail, and residential units. The property has a size of 3524 square feet. The location provides accessibility from three major highways: I-495, 93, and I-95/Rt. 128. The property is suitable for commercial real estate and mixed-use purposes.
    Location Intelligence

    Current Use by Public Records

    Blue moon spa Alternative Medicine Practice Dr. Kathleen O'keefe Physician Art Box Boston Art Gallery Kelly Noonan Physician Mackenzie Valerie Family Counselor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Shawsheen Animal Hospital — 1415 Main St, Tewksbury, MA 01876
    • Caruso Michele DVM — 1415 Main St, Tewksbury, MA 01876

    Location Insight

    • Map
    • Local Demand
    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.218356
    Latitude
    42.5969428

    Nearby Similar for Sale

    • $750,000
      3,524 SF

      First-Floor Medical Office Suite

      First-floor medical office layout with multiple exam rooms, waiting area, and separate employee entrance.
      1565 Main Street # 2-102, Tewksbury, MA, MA 01876
      View Details
    • $999,800
      6,256 SF

      Prime Restaurant Opportunity on Route 38

      Well-equipped restaurant with liquor license and function room.
      885 Main Street, Tewksbury, MA, MA 01876
      View Details
    • $949,900

      Remodeled Restaurant/Bar with Lease

      Remodeled restaurant/bar with existing tenant and parking.
      2254 Main Street, Tewksbury, MA 01876
      View Details
    • $750,000

      First Floor Medical Office Space

      Medical office space in mixed-use complex, easily accessible location.
      1565 Main Street #2-102, Tewksbury, MA 01876
      View Details
    • $119,999
      713 SF

      Professional Office Space Available

      Professional office space in a vibrant, convenient location.
      1565 Main St #2207, Tewksbury, MA 01876
      View Details
    • $949,900
      3,260 SF

      Remodeled Restaurant/Bar with Lease

      Remodeled restaurant/bar with existing tenant and parking.
      2254 Main Street, Tewksbury, MA, MA 01876
      View Details
    • $299,900
      1,974 SF

      Versatile Commercial Condo Near Highways

      1,974 sq ft condo ideal for various businesses.
      5-885 Main St, Tewksbury, MA
      View Details
    • $999,800

      Prime Restaurant Location on Route

      Restaurant with 200 seats, function room, full liquor license.
      885 Main St, Tewksbury, MA 01876
      View Details
    • Contact for pricing
      30,000 SF

      Storage Facility on Busy Route

      Well-maintained storage facility with high traffic count location.
      720 Main Street, Tewksbury, MA 01876
      View Details
    • $949,900
      3,260 SF

      Remodeled Restaurant/Bar with Lease

      Remodeled restaurant/bar with existing tenant and parking.
      2254 Main Street, Tewksbury, MA 01876
      View Details
    • $119,999
      713 SF

      Professional Office Space For Sale

      Professional office space with reception, offices, and storage.
      1565 Main Street, Unit 2207, Tewksbury, MA 01876
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - First floor medical office space in mixed-use complex.
    Where is this medical office space located?
    The property is located at 1565 Main Street Unit 2-102 Tewksbury, MA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Prime first floor medical office space.; Easily accessible from three major highways: I‑495, 93 and I‑95/Rt. 128.; Features 4/5 exam rooms, 2/3 offices, large waiting room, check‑in counter, and nurses station.
    We can help!
    Listing Contact
    Tom Caldarone
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1565 Main Street, Unit 2-102, Tewksbury, MA 01876
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!