Freestanding Medical Office
189 Quincy St Brockton, MA 02302
189 Quincy St, Brockton, MA, 02302
$1,200,000
For Sale
$1,200,000
Two-story medical office building with elevator service and dual reception areas on the Signature Healthcare Brockton Hospital campus.
Property Size5,060 SF
Price / SF$237.15
Days on Market84
Property Features for 189 Quincy St
General Information
- Standard status
- Active
- Size
- 5,060 SF
Building Details
- Year Built
- 1986
Listing agency
Conviser Property Group, Inc.
(617) 953-9892
Listed by
Dmitriy Shnitman
(617) 953-9892
Source
Lockandkeyre
Added: Apr 29 Updated: Jul 20 at 7:04PM Checked: Jul 21 at 3:20AM
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 Conviser Property Group, Inc.
Investment Insights
Based on property information with market context.
Conviser Property Group is pleased to present the opportunity to acquire a fully built-out medical office building. The two-story, freestanding asset is positioned directly on the campus of Signature Healthcare Brockton Hospital and includes efficient layouts designed for medical use, with dual reception areas to support patient flow. The building is elevator served and was formerly occupied by a gastrointestinal practice.
The property is located on the hospital campus within a well-established healthcare corridor. It includes 20 on-site surface parking spaces for patients and staff.
With its purpose-built medical configuration, elevator-served design, and ample on-site parking, the building is well suited for an owner-user or an investor seeking an asset tied to a major healthcare provider’s campus.
The property is located on the hospital campus within a well-established healthcare corridor. It includes 20 on-site surface parking spaces for patients and staff.
With its purpose-built medical configuration, elevator-served design, and ample on-site parking, the building is well suited for an owner-user or an investor seeking an asset tied to a major healthcare provider’s campus.
Key Highlights
- Fully built‑out two‑story medical office building (5,060 SF) built in 1986 with elevator service
- Purpose‑built for medical use, formerly occupied by a gastrointestinal practice
- Dual reception areas and efficient layouts across two floors to support patient flow
Local Financial Insights For Healthcare Medical
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 | $179.1k | $35.40 |
| − Vacancy | −$19.7k | −$3.89 |
| EGI | $159.4k | $31.51 |
| − OpEx | −$63.8k | −$12.60 |
| NOI | $95.7k | $18.90 |
5,060 SF · lease $35.40/SF/yr · vacancy 11.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,444 @ 7.0% cap · market cap 9.62%
Second Best
Healthcare Medical
$1.37M
$1.20M – $1.59M
NOI $95,652 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,462 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Daniela Prodanovic, M.D
Physician
Linesary Cezaire
Physician
Amirah Khan
Physician
Mitesh Bhalala
Physician
Prithvi Sreenivasan
Physician
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FAQs
What type of property is this?
Medical Office Space - Two-story medical office building with elevator service and dual reception areas on the Signature Healthcare Brockton Hospital campus.
Where is this medical office space located?
The property is located at 189 Quincy St Brockton, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully built‑out two‑story medical office building (5,060 SF) built in 1986 with elevator service; Purpose‑built for medical use, formerly occupied by a gastrointestinal practice; Dual reception areas and efficient layouts across two floors to support patient flow
