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Office Suite in Elevator Building
New
For Sale
$279,900

0 Governors Ave 3B, Medford, MA 02155

Reception, private offices, a break room, storage, and half baths provide a flexible professional workspace.

Property SizeContact for details
Days on Market4

Property Features for 0 Governors Ave 3B

General Information

Standard status Active
Elevators Yes
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Floor lower floor

Taxes and HOA fees

Annual Taxes $3,550

Building Details

Year Built 1966
Tenancy Multi
Listing Agency: Leading Edge Real Estate
Listed By: Donald Cranley · License #449604261
Source: Elliman
Added: Sep 24 Last Checked: Sep 26 at 11:48AM

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 floor of an elevator-equipped office building constructed in 1966, this Medford commercial 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, and heat and air conditioning are included in the HOA. Other building occupants work in healthcare, dentistry, and law.

The property is approximately 15 minutes from Boston, with access to highways, public transportation, shopping, and local dining. Its reported scores are 95 for biking, 93 for walking, and 75 for transit.

Key Highlights

  • Lower‑floor suite in a building with an elevator
  • Multiple offices, reception and waiting area, break room, storage, and half baths
  • Recently installed heating and HVAC system

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.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

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, private offices, a break room, storage, and half baths provide a flexible professional workspace.
Where is this office units located?
The property is located at 0 Governors Ave 3B 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: Lower‑floor suite in a building with an elevator; Multiple offices, reception and waiting area, break room, storage, and half baths; Recently installed heating and HVAC system
More about this property
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