Flex Industrial Building with 18-Foot Clear
New
For Sale
$1,775,000
174 Davis Street, Douglas, MA 01516
Flex industrial building with finished office space on two levels, plus warehouse space with a rear drive-in door.
Property Size5,324 SF
Lot Size10.63 Acres
Price / SF$333.40
Days on Market4
Property Features for 174 Davis Street
General Information
Standard status
Active
Size
5,324 SF
Lot size
10.63 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
2,764 SF
Office Build-Out
2,560 SF
Dock-High Doors
1
Drive-In Doors
1
Building Details
Building Size
5,324 SF
Year Built
2000
Buildings
1
Stories
2
Listing Agency:
Property Services Network
(978) 804-1177
Listed By:
David Restic
Source:
Classifiedrealtygroup
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 1 at 3:37AM
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 Property Services Network
Investment Insights
Based on property information with market context.
This flex industrial property offers a combined 10.63± acres with an approximately 5,324± sq. ft. building designed to support both office and warehouse operations. The first floor includes approximately 1,280± sq. ft. of finished office space with a reception area, private office, dedicated lab/tech room, break room, and two handicap-accessible restrooms. The second floor provides an additional 1,280± sq. ft. of flexible office, administrative, sales, or lab space with a private restroom, with the potential to open into the industrial area for mezzanine-style storage.
The 2,764± sq. ft. warehouse includes an 18-foot clear ceiling height, a 14' x 12' rear drive-in door, and a 10' x 8' side loading dock. The property also features ample parking and convenient truck access, supporting a range of light industrial and service-based uses, including owner-user operations, distribution, showroom, and service-oriented businesses. Built in 2000.
The 2,764± sq. ft. warehouse includes an 18-foot clear ceiling height, a 14' x 12' rear drive-in door, and a 10' x 8' side loading dock. The property also features ample parking and convenient truck access, supporting a range of light industrial and service-based uses, including owner-user operations, distribution, showroom, and service-oriented businesses. Built in 2000.
Key Highlights
- Combined 10.63± acres with an approximately 5,324± sq. ft. flex industrial building
- First‑floor office includes 1,280± sq. ft. with reception, private office, lab/tech room, break room, and two ADA restrooms
- Second‑floor flexible space adds 1,280± sq. ft., with private restroom and potential for mezzanine‑style storage access
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 | $159.7k | $30.00 |
| − Vacancy | −$30.3k | −$5.70 |
| EGI | $129.4k | $24.30 |
| − OpEx | −$32.3k | −$6.08 |
| NOI | $97.0k | $18.23 |
5,324 SF · lease $30.00/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.21M – $1.62M
NOI $97,030 @ 7.0% cap · market cap 5.47%
Second Best
Warehouse
$886.3K
$775.5K – $1.03M
NOI $62,038 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,265 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01516, MA
8,962
Population
3,558
Households
2.5
Avg Household Size
43
Median Age
44%
College-Educated
98%
High-School Grad
36.7 sq mi
ZIP Area
244
Density / Sq Mi
$147,859
Median Household Income
$70,780
Median Earnings
$1,537
Median Rent
$436,700
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?
Flex space - Flex industrial building with finished office space on two levels, plus warehouse space with a rear drive-in door.
Where is this flex space located?
The property is located at 174 Davis Street Douglas, MA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Combined 10.63± acres with an approximately 5,324± sq. ft. flex industrial building; First‑floor office includes 1,280± sq. ft. with reception, private office, lab/tech room, break room, and two ADA restrooms; Second‑floor flexible space adds 1,280± sq. ft., with private restroom and potential for mezzanine‑style storage access
