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Office Suite with Multiple Offices
For Sale
$279,900

3b-0 Governors Ave, Medford, MA 02155

Reception, a break room, storage and half baths support a flexible office arrangement.

Property SizeContact for details
Days on Market15

Property Features for 3b-0 Governors Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,550
Listing Agency: Leading Edge Real Estate
Listed By: Donald Cranley · License #449604261
Source: Exprealty
Added: Sep 21 Changed: Oct 2 Last Checked: Oct 4 at 2:27PM

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 Leading Edge Real Estate

Investment Insights

Based on property information with market context.

Located on the lower level of an elevator-equipped building, this office suite includes a reception and waiting area, multiple offices, a break room, storage and half baths. A recently installed heating and HVAC system serves the space. Heat and air conditioning are included in the HOA. Other occupants in the building work in healthcare, dentistry and law.

The Medford address is described as approximately 15 minutes from Boston, with access to highways, public transportation, shopping and local dining. The elevator provides building access to the lower-floor suite.

Key Highlights

  • Multiple offices, reception and waiting area, break room, storage and half baths
  • Recently installed heating and HVAC system
  • Heat and air conditioning included in the HOA

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Nursing Home Grocery & Convenience Store Hotel & Motel Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,739
Businesses Nearby

Demographics for 02155, MA

61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Reception, a break room, storage and half baths support a flexible office arrangement.
Where is this office units located?
The property is located at 3b-0 Governors Ave Medford, MA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Multiple offices, reception and waiting area, break room, storage and half baths; Recently installed heating and HVAC system; Heat and air conditioning included in the HOA
More about this property
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