First-Floor Furnished Office
511 W Grove St #105 Middleboro, MA 02346
511 W Grove St #105, Middleboro, MA, 02346
$349,900
For Sale
$349,900
Move-in-ready suite includes a waiting/reception area, five private offices, record storage, private bath, and break room.
Property Size1,446 SF
Price / SF$241.98
Days on Market47
Property Features for 511 W Grove St #105
General Information
- Standard status
- Active
- Size
- 1,446 SF
Building Details
- Year Built
- 1986
Listing agency
Keller Williams Elite
(508) 695-4545
Listed by
Team Kelleher
Source
413realestate
Added: Jun 5 Updated: Jul 20 at 7:58PM Checked: Jul 21 at 3:12AM
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
Investment Insights
Based on property information with market context.
This move-in-ready, fully furnished first-floor office condo offers 1,446 sq. ft. of practical, client-friendly layout. The space includes a welcoming waiting room and dedicated reception area, along with five private offices to support day-to-day operations. Additional features include a spacious record storage room, a private bathroom, and a convenient break room.
The suite has an accessible street-level entry and offers ample parking for staff and clients. Located at 511 W Grove St, #105, the property is well suited for office users seeking a straightforward, professional setup.
If you’re looking for a turnkey office environment with multiple private rooms and supporting amenities, this well-maintained condo provides a complete interior package designed for immediate occupancy.
The suite has an accessible street-level entry and offers ample parking for staff and clients. Located at 511 W Grove St, #105, the property is well suited for office users seeking a straightforward, professional setup.
If you’re looking for a turnkey office environment with multiple private rooms and supporting amenities, this well-maintained condo provides a complete interior package designed for immediate occupancy.
Key Highlights
- 1,446 SF first‑floor office condo at 511 W Grove St (Year built: 1986)
- Move‑in‑ready suite with welcoming waiting area and dedicated reception area
- Includes five private offices for client work and internal operations
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 | $48.6k | $33.60 |
| − Vacancy | −$8.3k | −$5.71 |
| EGI | $40.3k | $27.89 |
| − OpEx | −$10.1k | −$6.97 |
| NOI | $30.2k | $20.92 |
1,446 SF · lease $33.60/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$432.1K
$378.1K – $504.1K
NOI $30,245 @ 7.0% cap · market cap 8.64%
Second Best
Healthcare Medical
$385.2K
$337.1K – $449.4K
NOI $26,965 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$856.0K
$749.0K – $998.7K
NOI $59,922 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Move-in-ready suite includes a waiting/reception area, five private offices, record storage, private bath, and break room.
Where is this office units located?
The property is located at 511 W Grove St #105 Middleboro, MA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,446 SF first‑floor office condo at 511 W Grove St (Year built: 1986); Move‑in‑ready suite with welcoming waiting area and dedicated reception area; Includes five private offices for client work and internal operations
