Medical Office with Operatory
For Sale
$450,000
510 Thacher St, Attleboro, MA 02703
Commercial Sale, Attleboro, MA
Property Size1,106 SF
Lot Size0.43 Acres
Price / SF$406.87
Days on Market84
Property Features for 510 Thacher St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
res
Zoning description
Legal Non-Conforming
Directions
County to Thacher (route 123)
Standard status
Active
APN
M:0062 B:0000 L:0162,2760540
Size
1,106 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7162
Amenities
kitchenette
Building Details
Year built
1965
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(508) 695-4545
Added: Jul 28
Changed: Oct 16
Last Checked: Oct 19 at 9:06PM
MLS# 73555986
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1106-square-foot medical office was built in 1965 and is configured for clinical operations. The interior includes three operatory rooms, a waiting area, reception, an x-ray area, a staff laboratory, and a private office. A finished lower level adds several rooms along with training or employee lounge space. The upper floor includes a full kitchenette, and the property also has a one-car garage.
The building occupies a 0.4273-acre site at 510 Thacher St in Attleboro, Massachusetts. It is located in an area designated with res zoning. Additional uses may be possible through a special permit from the city.
The building occupies a 0.4273-acre site at 510 Thacher St in Attleboro, Massachusetts. It is located in an area designated with res zoning. Additional uses may be possible through a special permit from the city.
Key Highlights
- 1106 square feet of medical office space on a 0.4273‑acre site
- Three operatory rooms with waiting, reception, x‑ray, and staff laboratory areas
- Finished lower level with several rooms plus training or employee lounge space
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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Current Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical layout includes reception, patient waiting, x-ray, and laboratory areas.
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: 1106 square feet of medical office space on a 0.4273‑acre site; Three operatory rooms with waiting, reception, x‑ray, and staff laboratory areas; Finished lower level with several rooms plus training or employee lounge space
