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    Luxury Office Space Opportunity Title is generated by Realmo AI

    173 High Plain Street #1, Walpole, MA 02081

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    Claim this Listing
    For Sale
    $1,599,000

    Vacant Class A office space ready for custom build-out.

    Type:Commercial
    Property size:
    4,000 SF
    Price / SF:
    $399/SF
    Added:
    Apr 25, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 25 at 6:22 am

    Property Features for 173 High Plain Street #1

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2024

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    Listing Contact
    Dan Gardner

    Listing agent Dan Gardner

    Listing office DMG Brokerage, LLC

    Listing date Apr 25, 2026

    Source Liongatere

    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 DMG Brokerage, LLC

    HighLights

    • Class A, ±4,000 SF vacant office space offering a rare opportunity for a custom, luxury build‑out.
    • Buyer collaborates directly with the seller to select finishes and specifications for a personalized office environment.
    • Brand new construction (2024) with modern design, premium materials, and high‑end craftsmanship.
    • Includes two full, fully tiled bathrooms with Kohler plumbing fixtures and rain‑head showers.
    • Features LVT flooring, recessed lighting, decorative pendant lighting, and central air with a high‑efficiency heat pump system.
    • Located in Walpole, MA.

    Overview

    This is a new to market, exceptional Class A office opportunity located in Walpole, MA. The vacant, approximately 4,000 SF first-floor commercial office space at 173 High Plain Street offers a rare opportunity to create a custom, luxury office environment tailored to your business. This bright, vibrant space will be finished to Class A, luxury standards, featuring modern design, premium materials, and high-end craftsmanship throughout. The buyer will collaborate directly with the seller to select finishes and specifications, allowing for a personalized build-out that reflects your brand, workflow, and vision. The space includes LVT flooring throughout, three half bathrooms, and two full, fully tiled bathrooms. Kohler plumbing fixtures with rain-head showers are included, as well as recessed lighting throughout with decorative pendant lighting. Central air is provided with a high-efficiency heat pump system. The space features custom details and luxury finishes throughout.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $140.2k $35.04
    − Vacancy −$23.1k −$5.78
    EGI $117.0k $29.26
    − OpEx −$29.3k −$7.31
    NOI $87.8k $21.94
    4,000 SF · lease $35.04/SF/yr · vacancy 16.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.25M
    $1.10M – $1.46M (±1% cap)
    NOI $87,775 @ 7.0% cap · market cap 5.49%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.37M
    $2.07M – $2.76M (±1% cap)
    NOI $165,759 @ 7.0% cap · market cap 10.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Walpole
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.229389
    Latitude
    42.1453138

    FAQs

    What type of property is this?
    Office units - Vacant Class A office space ready for custom build-out.
    Where is this office units located?
    The property is located at 173 High Plain Street #1 Walpole, MA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Class A, ±4,000 SF vacant office space offering a rare opportunity for a custom, luxury build‑out.; Buyer collaborates directly with the seller to select finishes and specifications for a personalized office environment.; Brand new construction (2024) with modern design, premium materials, and high‑end craftsmanship.
    More about this property
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