Professional Office Building on Route
For Sale
Contact for pricing
3 Oak St, Westborough, MA 01581
Well-maintained professional office building with flexible space, located along Route 9 in Westborough.
Property Size4,240 SF
Price / SF$376.18
Days on Market8
Property Features for 3 Oak St
General Information
Standard status
Active
Size
4,240 SF
Property subtype
OFFICE
Listing Agency:
Kelleher & Sadowsky
(508) 353-9275
Listed By:
Joe Laursen · License #9571029
(508) 353-9275
Source:
Moodyscre
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 27 at 2:23PM
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 Kelleher & Sadowsky
Investment Insights
Based on property information with market context.
3 Oak Street is a well-maintained professional office building offering flexible office space for a variety of businesses. The property is presented for sale and includes an environment designed for professional use.
Located along Route 9 in Westborough, the building offers convenient access to major highways, as well as local amenities and the downtown area.
The offering supports multiple office use types, with suitability mentioned for financial services, attorney, and medical-related businesses. Please contact the listing team to schedule a tour.
Located along Route 9 in Westborough, the building offers convenient access to major highways, as well as local amenities and the downtown area.
The offering supports multiple office use types, with suitability mentioned for financial services, attorney, and medical-related businesses. Please contact the listing team to schedule a tour.
Key Highlights
- Well‑maintained professional office building in Westborough
- Located along Route 9
- Flexible office space suitable for a variety of businesses, including financial services, attorney, and medical uses
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 | $127.2k | $30.00 |
| − Vacancy | −$24.2k | −$5.70 |
| EGI | $103.0k | $24.30 |
| − OpEx | −$25.8k | −$6.08 |
| NOI | $77.3k | $18.23 |
4,240 SF · lease $30.00/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.10M
$965.9K – $1.29M
NOI $77,274 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,353 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 01581, MA
21,567
Population
8,407
Households
2.6
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
1,047
Density / Sq Mi
$134,474
Median Household Income
$82,045
Median Earnings
$2,038
Median Rent
$637,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained professional office building with flexible space, located along Route 9 in Westborough.
Where is this office building located?
The property is located at 3 Oak St Westborough, MA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Well‑maintained professional office building in Westborough; Located along Route 9; Flexible office space suitable for a variety of businesses, including financial services, attorney, and medical uses
