Single Office Suite with Shared
For Sale
Contact for pricing
289 Elm St # 108, Marlborough, MA 01752
Private office suite with access to a shared conference room and fitness center.
Property Size240 SF
Price / SF$5
Days on Market418
Property Features for 289 Elm St # 108
General Information
Standard status
Active
Size
240 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$81,371
Building Details
Building Size
240 SF
Year Built
1982
Listing Agency:
Greater Boston Commercial Properties, Inc.
Listed By:
Bret O'Brien · License #8994
(508) 925-7477
Source:
Churchillprop
Added: Sep 9, 2025
Changed: Oct 25
Last Checked: Oct 30 at 12:49PM
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 Greater Boston Commercial Properties, Inc.
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Investment Insights
Based on property information with market context.
This offering is a single office suite for lease. Unit 108 includes access to a shared conference room and a fitness center, supporting day-to-day meetings and on-site wellness for occupants.
The space is located at 289 Elm St in Marlborough, MA, within the property at this address. The listing provides shared amenity access as part of the arrangement, which can help streamline office operations for individuals or smaller teams.
This suite is a practical fit for tenants seeking a dedicated private workspace while still benefiting from shared common areas. With conference room and fitness access already included, it can support a range of office uses where meeting space and an employee amenity are useful, without requiring a large footprint.
The space is located at 289 Elm St in Marlborough, MA, within the property at this address. The listing provides shared amenity access as part of the arrangement, which can help streamline office operations for individuals or smaller teams.
This suite is a practical fit for tenants seeking a dedicated private workspace while still benefiting from shared common areas. With conference room and fitness access already included, it can support a range of office uses where meeting space and an employee amenity are useful, without requiring a large footprint.
Key Highlights
- Private office suite for lease (Unit 108) at $1,200 per month
- Access to a shared conference room
- Access to a fitness center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,615
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,300
$152.3K
Cap Rate 7%
$108,786
$108.8K
Cap Rate 9%
$84,611
$84.6K
Market Conditions
NOI Build-Up for 240 SF
Gross rent
$13.0K $54.24/SF
− Vacancy
−$2.9K −$11.93/SF
EGI
$10.2K $42.31/SF
− OpEx
−$2.5K −$10.58/SF
NOI
$7.6K $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%
$152,300
Cap Rate 7%
$108,786
Cap Rate 9%
$84,611
Alternative Uses
Best Use
Office B
$108.8K
$95.2K – $126.9K
NOI $7,615 @ 7.0% cap · market cap 634.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.1K
$124.3K – $165.8K
NOI $9,946 @ 7.0% cap · market cap 828.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
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Business Placement
Demographics for 01752, MA
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
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 - Private office suite with access to a shared conference room and fitness center.
Where is this office unit located?
The property is located at 289 Elm St # 108 Marlborough, MA.
What are key features of this property?
This property features: Private office suite for lease (Unit 108) at $1,200 per month; Access to a shared conference room; Access to a fitness center
