Office Unit with Private
For Sale
Contact for pricing
42 Tremont Street Unit 11, Duxbury, MA 02332
Basement-level office suite with an open layout, kitchenette, and two bathrooms.
Property Size1,900 SF
Price / SF$0.01
Days on Market49
Property Features for 42 Tremont Street Unit 11
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
Basement
Building Details
Year Built
1973
Listing Agency:
Atlantic Properties
(508) 746-2500
Listed By:
Andrew Stout · License #9525010
(781) 985-6559
Source:
Lockandkeyre
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 8:59AM
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 Atlantic Properties
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Investment Insights
Based on property information with market context.
Office Unit 11 is a 1,900-square-foot basement-level suite at Park at Island Creek, built in 1973. The layout combines open workspace with four private offices, two bathrooms, and a kitchenette. The space is offered as-is, with the tenant responsible for improvements.
The property is positioned on Route 3A near Route 3, with nearby amenities within minutes. Professional maintenance is provided at the property.
The property is positioned on Route 3A near Route 3, with nearby amenities within minutes. Professional maintenance is provided at the property.
Key Highlights
- 1,900‑square‑foot basement‑level office unit
- Open floor plan with four private offices
- Two bathrooms and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,740
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,800
$794.8K
Cap Rate 7%
$567,714
$567.7K
Cap Rate 9%
$441,556
$441.6K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$63.8K $33.60/SF
− Vacancy
−$10.9K −$5.71/SF
EGI
$53.0K $27.89/SF
− OpEx
−$13.2K −$6.97/SF
NOI
$39.7K $20.92/SF
Area
Plymouth County, MA
Vacancy
17.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,800
Cap Rate 7%
$567,714
Cap Rate 9%
$441,556
Alternative Uses
Best Use
Office B
$567.7K
$496.8K – $662.3K
NOI $39,740 @ 7.0% cap · market cap 209,157.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$984.2K – $1.31M
NOI $78,736 @ 7.0% cap · market cap 414,400.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 02332, MA
16,090
Population
6,341
Households
2.5
Avg Household Size
46
Median Age
73%
College-Educated
96%
High-School Grad
23.7 sq mi
ZIP Area
679
Density / Sq Mi
$171,471
Median Household Income
$77,627
Median Earnings
$1,644
Median Rent
$826,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Basement-level office suite with an open layout, kitchenette, and two bathrooms.
Where is this office unit located?
The property is located at 42 Tremont Street Unit 11 Duxbury, MA.
What are key features of this property?
This property features: 1,900‑square‑foot basement‑level office unit; Open floor plan with four private offices; Two bathrooms and a kitchenette
