Second-Floor Office Suite with
For Sale
Contact for pricing
430 Boston St # 209, Topsfield, MA 01983
Second-floor professional office space with kitchenette, private office, and half bath in a fully sprinklered building with parking.
Property Size1,000 SF
Price / SF$1.25
Days on Market232
Property Features for 430 Boston St # 209
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
BP
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Building Details
Year Built
1986
Listing Agency:
J. Barrett & Company
(978) 922-3683
Listed By:
The Lopes Group
(617) 835-2394
Source:
Churchillprop
Added: Mar 13
Changed: Oct 25
Last Checked: Oct 28 at 6:29AM
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 J. Barrett & Company
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Investment Insights
Based on property information with market context.
This 1,000 sq. ft. commercial office space is located on the 2nd floor of a well-maintained professional office building in Topsfield Office Park. The unit features an open layout plus one private office, with a half bath and kitchenette to support everyday work needs. The building is fully sprinklered and described as being in excellent condition. Please note there is no elevator, so access is via stairs. Tenants also benefit from landscaped outdoor areas.
The suite is positioned at 430 Boston St. with high visibility. The property offers ample on-site parking and convenient access from Old Route 1, Route 95, Route 97, and Route 133, supporting connectivity across the North Shore.
This space is well-suited for a range of professional uses such as office or studio operations that value a clean, functional interior configuration and straightforward parking and highway access. Units 209 & 210 are also available together as a combined space, with photos reflecting the combined layout (see MLS # 73301766 for details).
The suite is positioned at 430 Boston St. with high visibility. The property offers ample on-site parking and convenient access from Old Route 1, Route 95, Route 97, and Route 133, supporting connectivity across the North Shore.
This space is well-suited for a range of professional uses such as office or studio operations that value a clean, functional interior configuration and straightforward parking and highway access. Units 209 & 210 are also available together as a combined space, with photos reflecting the combined layout (see MLS # 73301766 for details).
Key Highlights
- 1,000 SF second‑floor professional office space in Topsfield Office Park
- Open layout plus 1 private office, half bath, and kitchenette
- Fully sprinklered building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,873
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,460
$557.5K
Cap Rate 7%
$398,186
$398.2K
Cap Rate 9%
$309,700
$309.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$45.6K $45.60/SF
− Vacancy
−$8.4K −$8.44/SF
EGI
$37.2K $37.16/SF
− OpEx
−$9.3K −$9.29/SF
NOI
$27.9K $27.87/SF
Area
Essex County, MA
Vacancy
18.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,460
Cap Rate 7%
$398,186
Cap Rate 9%
$309,700
Alternative Uses
Best Use
Office B
$398.2K
$348.4K – $464.6K
NOI $27,873 @ 7.0% cap · market cap 2,229.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$592.0K
$518.0K – $690.7K
NOI $41,440 @ 7.0% cap · market cap 3,315.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 01983, MA
6,569
Population
2,319
Households
2.8
Avg Household Size
47
Median Age
73%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
552
Density / Sq Mi
$176,698
Median Household Income
$74,872
Median Earnings
$1,003
Median Rent
$810,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor professional office space with kitchenette, private office, and half bath in a fully sprinklered building with parking.
Where is this office unit located?
The property is located at 430 Boston St # 209 Topsfield, MA.
What are key features of this property?
This property features: 1,000 SF second‑floor professional office space in Topsfield Office Park; Open layout plus 1 private office, half bath, and kitchenette; Fully sprinklered building
