Furnished Office and Functional
28 Appleton Rd Auburn Auburn, MA 01501
28 Appleton Rd Auburn, Auburn, MA, 01501
$1,290,000
For Sale
$1,290,000
Operational office and warehouse space for sale in Auburn.
Property Size5,613 SF
Price / SF$229.82
Days on Market63
Property Features for 28 Appleton Rd Auburn
General Information
- Standard status
- Active
- Size
- 5,613 SF
Building Details
- Year Built
- 2008
Listing Agency
(508) 501-1443
Listed by
Leanne McCormick
(508) 501-1443
Source
Milestonerealtyinc
Added: May 16 Checked: Jul 17 at 2:52 am
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 Leanne McCormick
Investment Insights
Based on property information with market context.
This property in Auburn features an operational, furnished office and a fully functional warehouse. The office building, with an architectural shingled roof, provides 2,838 square feet of space and includes a full basement. The first floor features a full kitchen, a large drafting area, one full bathroom, one entertainment room, and four separate offices. The second floor contains two separate private offices, dual working spaces, two drafting areas, and over 400 square feet of storage. The office is equipped with 10 workstations. The warehouse measures 45.5x48 feet with a clear span, along with a 45.5x13 foot exterior overhang, providing a total warehouse space of 2,775 square feet, including a storage area. The warehouse is equipped with one commercial automatic door and one manual door, and it has three-phase electric power. The total property size is 5,613 square feet.
Key Highlights
- Prime location in Auburn for sale or lease.
- Operational furnished office and fully functional warehouse.
- Warehouse with three‑phase electric power and commercial automatic door.
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 | $168.4k | $30.00 |
| − Vacancy | −$32.0k | −$5.70 |
| EGI | $136.4k | $24.30 |
| − OpEx | −$34.1k | −$6.08 |
| NOI | $102.3k | $18.23 |
5,613 SF · lease $30.00/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.70M
NOI $102,297 @ 7.0% cap · market cap 7.93%
Second Best
Warehouse
$934.4K
$817.6K – $1.09M
NOI $65,405 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,173 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dumas Roofing Co
Roofing Company
Similar For Sale Nearby
Similar Off Market Nearby
- Morrison Healthcare Food Services — 714 Southbridge St, Auburn, MA 01501
FAQs
What type of property is this?
Flex space - Operational office and warehouse space for sale in Auburn.
Where is this flex space located?
The property is located at 28 Appleton Rd Auburn Auburn, MA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Prime location in Auburn for sale or lease.; Operational furnished office and fully functional warehouse.; Warehouse with **three‑phase electric power** and commercial automatic door.
