Creative Studio
33 Dover St #212, Brockton, MA 02301
For Sale
New
Contact for pricing
Commercial-only space in a secured building with elevator access and a loading dock.
Property Size203 SF
Price / SF$4.19
Days on Market6
Property Features for 33 Dover St #212
General Information
Standard status
Size
Total Parking Spaces
Elevators
Additional Details
Property Use
Amenities
surveillance cameras
on-site security
loading dock
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Torrey & Associates R. E.
(508) 580-8440
Listed By:
Stephen Torrey
(508) 587-5288
Source:
Lockandkeyre
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 9:25AM
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 Torrey & Associates R. E.
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Investment Insights
Based on property information with market context.
Unit 212 offers 203 square feet of commercial studio space within the Stacy Adams Cultural Arts Building. The secured property has interior and exterior surveillance cameras, on-site security, an elevator, a loading dock, and restrooms on every floor. The building dates to 1969.
The building provides three parking lots and multiple unit configurations. Available spaces range from 170 to 1,153 square feet, with the option to combine units and customize them for renters’ needs. Residential use is not permitted.
The building provides three parking lots and multiple unit configurations. Available spaces range from 170 to 1,153 square feet, with the option to combine units and customize them for renters’ needs. Residential use is not permitted.
Key Highlights
- 203‑square‑foot Unit 212 for commercial use only
- Secured building with interior and exterior surveillance cameras and on‑site security
- Elevator, loading dock, and restrooms on every floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,631
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,620
$92.6K
Cap Rate 7%
$66,157
$66.2K
Cap Rate 9%
$51,456
$51.5K
Market Conditions
NOI Build-Up for 203 SF
Gross rent
$7.9K $39.00/SF
− Vacancy
−$1.7K −$8.58/SF
EGI
$6.2K $30.42/SF
− OpEx
−$1.5K −$7.61/SF
NOI
$4.6K $22.82/SF
Area
Brockton, MA
Vacancy
22.00%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,620
Cap Rate 7%
$66,157
Cap Rate 9%
$51,456
Alternative Uses
Best Use
Office B
$66.2K
$57.9K – $77.2K
NOI $4,631 @ 7.0% cap · market cap 544.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$96.5K
$84.5K – $112.6K
NOI $6,758 @ 7.0% cap · market cap 795.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Creative space - Commercial-only space in a secured building with elevator access and a loading dock.
Where is this creative space located?
The property is located at 33 Dover St #212 Brockton, MA.
What are key features of this property?
This property features: 203‑square‑foot Unit 212 for commercial use only; Secured building with interior and exterior surveillance cameras and on‑site security; Elevator, loading dock, and restrooms on every floor
