Dental-Ready Medical Office
478 Torrey St Brockton, MA 02301
For Sale
$250,000
Pending
Vacant medical office condo with updated floors, multiple offices, waiting area, kitchen, and x-ray areas.
Property Size1,148 SF
Days on Market144
Property Features for 478 Torrey St
General Information
Standard status
Pending
Size
1,148 SF
Listing Agency:
New England Asset Realty
(508) 726-1900
Listed By:
Wilma Quinn · License #450000390
(508) 726-1900
Source:
Exprealty
Added: Mar 9
Changed: Jul 26
Last Checked: Jul 29 at 9:13PM
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 New England Asset Realty
Investment Insights
Based on property information with market context.
This vacant medical office condo was set up for a dental office and includes multiple offices with a comfortable waiting area and kitchen. The unit also features x-ray areas and two and a half bathrooms, plus a dedicated office for a doctor. Updated floors are noted, and some equipment may remain with the condo, subject to availability.
The facility provides access to 40+ parking spaces. The building complex includes a mix of professional and service users, including a hair salon, real estate offices, a tattoo parlor, and two dental offices, along with other businesses.
With the condo configured for clinical use and offering in-unit waiting, office, and support spaces, the property is positioned for a medical office tenant seeking a ready-to-operate layout.
The facility provides access to 40+ parking spaces. The building complex includes a mix of professional and service users, including a hair salon, real estate offices, a tattoo parlor, and two dental offices, along with other businesses.
With the condo configured for clinical use and offering in-unit waiting, office, and support spaces, the property is positioned for a medical office tenant seeking a ready-to-operate layout.
Key Highlights
- Vacant medical office condo previously used as a dental office, ready for use
- Multiple offices plus comfortable waiting area and a kitchen
- Includes x‑ray areas and was set up for a dental office
Financial Insights For Healthcare Medical
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 | $40.6k | $35.40 |
| − Vacancy | −$4.5k | −$3.89 |
| EGI | $36.2k | $31.51 |
| − OpEx | −$14.5k | −$12.60 |
| NOI | $21.7k | $18.90 |
1,148 SF · lease $35.40/SF/yr · vacancy 11.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$374.2K
$327.4K – $436.5K
NOI $26,192 @ 7.0% cap · market cap 10.48%
Second Best
Healthcare Medical
$310.0K
$271.3K – $361.7K
NOI $21,701 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$546.0K
$477.8K – $637.0K
NOI $38,220 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant medical office condo with updated floors, multiple offices, waiting area, kitchen, and x-ray areas.
Where is this medical office space located?
The property is located at 478 Torrey St Brockton, MA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Vacant medical office condo previously used as a dental office, ready for use; Multiple offices plus comfortable waiting area and a kitchen; Includes x‑ray areas and was set up for a dental office
