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Medical Office Building with X-Ray Area
New
For Sale
$499,900

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$451.99
Days on Market4

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: IVerty Realty, LLC
Listed By: Mela Dieujuste · License #452508574
Source: Iverty
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 3:51AM

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 IVerty Realty, LLC

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.

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 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 $60.3k $54.48
− Vacancy −$6.7k −$6.10
EGI $53.5k $48.38
− OpEx −$21.4k −$19.35
NOI $32.1k $29.03
1,106 SF · lease $54.48/SF/yr · vacancy 11.20% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$458.6K
$401.3K – $535.1K (±1% cap)
NOI $32,104 @ 7.0% cap · market cap 6.42%
Second Best
Office B
$259.7K
$227.2K – $303.0K (±1% cap)
NOI $18,179 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$673.5K
$589.3K – $785.8K (±1% cap)
NOI $47,147 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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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 $499,900.
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
More about this property
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