Four Office Condominiums
For Sale
$299,000
Pending
218 Boston Street #multiple, Topsfield, MA 01983
Four office condos on Route 1, income potential.
Property SizeContact for details
Days on Market139
Property Features for 218 Boston Street #multiple
General Information
Standard status
Pending
Zoning
BH
Taxes and HOA fees
Annual Taxes
$5,395
Building Details
Year Built
1987
Listing Agency:
Aluxety
Listed By:
Jim Armstrong · License #454002984
(978) 740-8700
Source:
413realestate
Added: Apr 25
Changed: Aug 23
Last Checked: Sep 10 at 5:31AM
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 Aluxety
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity to acquire four office condominiums as a package. The units are located in a well-maintained, 20-unit professional building situated on busy Route 1, near the Topsfield Fairgrounds. Three of the units are currently occupied by TAW businesses, providing immediate income. The remaining vacant unit offers flexibility for either an owner-user or additional rental potential. Each unit is equipped with central AC and a private half bath. Two of the units also include kitchenettes. All utilities are separately metered for each unit. The property benefits from a recently paved parking lot, which provides ample on-site parking for both tenants and clients. There is unique value-add potential, as three adjacent units can be combined to create a larger contiguous space of over 1,950 square feet. This property is ideal for investors or business owners seeking visibility, income, and future flexibility in a high-traffic location. The property cannot be used for retail or residential purposes.
Key Highlights
- Four office condominiums offered as a package, providing immediate income from three occupied units.
- High‑traffic location on Route 1 near the Topsfield Fairgrounds, offering excellent visibility.
- Value‑add potential to combine three adjacent units into a larger 1,950+ SF contiguous space.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 01983, MA
6,569
Population
2,319
Households
2.8
Avg Household Size
47
Median Age
73%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
552
Density / Sq Mi
$176,698
Median Household Income
$74,872
Median Earnings
$1,003
Median Rent
$810,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Four office condos on Route 1, income potential.
Where is this office units located?
The property is located at 218 Boston Street #multiple Topsfield, MA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four office condominiums offered as a package, providing immediate income from three occupied units.; High‑traffic location on Route 1 near the Topsfield Fairgrounds, offering excellent visibility.; Value‑add potential to combine three adjacent units into a larger 1,950+ SF contiguous space.
