Medical Office Building with X-Ray
For Sale
$450,000
510 Thacher St, Attleboro, MA 02703
Medical/dental office building with operatory rooms, x-ray area, reception, and a full kitchenette on the upper floor.
Property Size1,106 SF
Price / SF$406.87
Days on Market96
Property Features for 510 Thacher St
General Information
Standard status
Active
Size
1,106 SF
Total Parking Spaces
1
Property subtype
Commercial
Additional Details
Office Units
1
Building Details
Building Size
1,106 SF
Year Built
1965
Buildings
1
Listing Agency:
Keller Williams Elite
(508) 695-4545
Listed By:
Susan Lee
(508) 369-8239
Source:
Iverty
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 30 at 3:44PM
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 Keller Williams Elite
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Investment Insights
Based on property information with market context.
Medical/dental office building on a nearly half-acre site, currently configured for patient visits and clinical support. The space includes three operatory rooms, a waiting room, reception area, x-ray area, and staff lab, along with a private office. A finished lower level provides several additional rooms, including training space or an employee lounge. The upper floor also features a full kitchenette, and the property includes a one-car garage.
Built in 1965, the building is positioned for strong visibility at 510 Thacher St in Attleboro, MA. The property is also being marketed as a single-family 3 bedroom home, and additional uses may be possible with a special permit obtained from the city.
With its mix of exam and support rooms plus flexible lower-level space, the layout can support a medical practice while also offering adaptable areas for non-clinical functions if permitted.
Built in 1965, the building is positioned for strong visibility at 510 Thacher St in Attleboro, MA. The property is also being marketed as a single-family 3 bedroom home, and additional uses may be possible with a special permit obtained from the city.
With its mix of exam and support rooms plus flexible lower-level space, the layout can support a medical practice while also offering adaptable areas for non-clinical functions if permitted.
Key Highlights
- Nearly half‑acre site at 510 Thacher St, Attleboro, MA
- Currently configured medical/dental office with three operatory rooms
- X‑ray area plus staff lab, waiting room, and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,104
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,080
$642.1K
Cap Rate 7%
$458,629
$458.6K
Cap Rate 9%
$356,711
$356.7K
Market Conditions
NOI Build-Up for 1,106 SF
Gross rent
$60.3K $54.48/SF
− Vacancy
−$6.7K −$6.10/SF
EGI
$53.5K $48.38/SF
− OpEx
−$21.4K −$19.35/SF
NOI
$32.1K $29.03/SF
Area
Bristol County, MA
Vacancy
11.20%
Lease Rate
$54.48 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,080
Cap Rate 7%
$458,629
Cap Rate 9%
$356,711
Alternative Uses
Best Use
Healthcare Medical
$458.6K
$401.3K – $535.1K
NOI $32,104 @ 7.0% cap · market cap 7.13%
Second Best
Office B
$259.7K
$227.2K – $303.0K
NOI $18,179 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$673.5K
$589.3K – $785.8K
NOI $47,147 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 02703, MA
46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/dental office building with operatory rooms, x-ray area, reception, and a full kitchenette on the upper floor.
Where is this medical office space located?
The property is located at 510 Thacher St Attleboro, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Nearly half‑acre site at 510 Thacher St, Attleboro, MA; Currently configured medical/dental office with three operatory rooms; X‑ray area plus staff lab, waiting room, and reception area
