Second-Floor Office
For Sale
Contact for pricing
190 Front St # 202, Ashland, MA 01721
Bright professional workspace with a private kitchen area, storage, shared restrooms, and on-site parking.
Property Size1,000 SF
Price / SF$2.00
Days on Market47
Property Features for 190 Front St # 202
General Information
Standard status
Active
Size
1,000 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
30
Additional Details
Floor
2
Public Transit
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$13
Amenities
break area
storage space
abundant natural light
kitchen area
shared restrooms
Building Details
Year Built
1988
Construction
steel
Listing Agency:
eXp Realty LLC
(888) 854-7493
Listed By:
Le Doan
(617) 504-0316
Source:
Churchillprop
Added: Sep 5
Changed: Oct 6
Last Checked: Oct 20 at 6:21PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This approximately 1,000-square-foot second-floor office unit provides a practical professional setting with flexible workspace, a break area, separate kitchen, and dedicated storage. Natural light, steel construction, and a full sprinkler system are among the building features. Two shared restrooms, including separate men’s and women’s facilities, serve the floor.
The property is located at 190 Front St in Ashland, minutes from downtown Ashland and the MBTA Commuter Rail. Restaurants, coffee shops, banks, and retail services are also nearby. On-site parking accommodates 12 vehicles, with additional street parking available. Built in 1988, the property is identified with zoning designation 30.
The property is located at 190 Front St in Ashland, minutes from downtown Ashland and the MBTA Commuter Rail. Restaurants, coffee shops, banks, and retail services are also nearby. On-site parking accommodates 12 vehicles, with additional street parking available. Built in 1988, the property is identified with zoning designation 30.
Key Highlights
- Approximately 1,000 square feet of second‑floor office space
- Flexible layout with break area, separate kitchen, and dedicated storage
- On‑site parking for 12 vehicles plus additional street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,730
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,600
$634.6K
Cap Rate 7%
$453,286
$453.3K
Cap Rate 9%
$352,556
$352.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$54.2K $54.24/SF
− Vacancy
−$11.9K −$11.93/SF
EGI
$42.3K $42.31/SF
− OpEx
−$10.6K −$10.58/SF
NOI
$31.7K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,600
Cap Rate 7%
$453,286
Cap Rate 9%
$352,556
Alternative Uses
Best Use
Office B
$453.3K
$396.6K – $528.8K
NOI $31,730 @ 7.0% cap · market cap 1,586.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$592.0K
$518.0K – $690.7K
NOI $41,440 @ 7.0% cap · market cap 2,072.00%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 01721, MA
18,832
Population
7,995
Households
2.4
Avg Household Size
42
Median Age
59%
College-Educated
98%
High-School Grad
12.3 sq mi
ZIP Area
1,531
Density / Sq Mi
$127,106
Median Household Income
$71,797
Median Earnings
$2,334
Median Rent
$586,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Bright professional workspace with a private kitchen area, storage, shared restrooms, and on-site parking.
Where is this office unit located?
The property is located at 190 Front St # 202 Ashland, MA.
What are key features of this property?
This property features: Approximately 1,000 square feet of second‑floor office space; Flexible layout with break area, separate kitchen, and dedicated storage; On‑site parking for 12 vehicles plus additional street parking
