475 School St, Marshfield, MA 02050
Well-maintained office condo with private offices, reception, and conference room plus ample on-site parking.
- Added:
- Jun 23, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 6 at 2:56 am
Property Features for 475 School St
General Information
- Standard status
- Active
- Size
- 684 SF
Listing office Ellis Realty Advisors (781) 563-0237
Listing date Jun 23, 2026
Source Exprealty
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 Ellis Realty Advisors
HighLights
- Second‑floor office condo with 684 SF of professional office space
- Multiple private offices plus bullpen area, reception, and a conference room
- Exclusive restroom for the condo
- New roof completed in 2024
- Ample on‑site parking and low condominium fees
- Option to expand by combining with adjacent unit for an additional 684± SF
Overview
The location provides convenient access to Route 3 and includes excellent visibility along Route 139. The offering includes ample on-site parking and a manageable footprint within the office complex. The property is also described as being near retail and local amenities.
The layout and amenities support small professional uses such as therapy, legal, counseling, and accounting, with room to meet clients and collaborate internally. For owner-occupiers, the suite presents a turnkey environment, while investors may find the condo structure and low fees relevant for long-term ownership. The listing also mentions the possibility to expand into an adjacent unit for an additional approximately 684 square feet, which may appeal to tenants or owners seeking more space without leaving the complex.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $33.60 |
| − Vacancy | −$3.9k | −$5.71 |
| EGI | $19.1k | $27.89 |
| − OpEx | −$4.8k | −$6.97 |
| NOI | $14.3k | $20.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marshfield
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.7553218
- Latitude
- 42.1080839
