First-Floor Office
52-54 Brigham St #3 New Bedford, MA 02740
52-54 Brigham St #3, New Bedford, MA, 02740
$124,900
For Sale
$124,900
Fresh, ready-to-occupy first-floor office unit in a single-level building with ample rear and reserved parking.
Property Size619 SF
Price / SF$201.78
Days on Market18
Property Features for 52-54 Brigham St #3
General Information
- Standard status
- Active
- Size
- 619 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing agency
Silva Realty Group, Inc.
(508) 496-8796
Listed by
Elizabeth Silva · License #451501510
(508) 496-8796
Source
Alliancepartnersre
Added: Jul 4 Updated: Jul 20 at 8:08PM Checked: Jul 20 at 8:08PM
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 Silva Realty Group, Inc.
Investment Insights
Based on property information with market context.
This first-floor office unit is fresh and ready for your business. It is located in a single-level building and presented as a straightforward, ready-to-use space within an established professional setting.
The building offers ample rear parking, including reserved staff parking spaces and deeded overflow parking. The unit is positioned just a block from St. Luke’s Hospital, supporting convenient access for business operations tied to the surrounding professional community.
Overall, the offering is a compact first-floor office space in a well-known office building with defined parking provisions for staff and overflow needs.
The building offers ample rear parking, including reserved staff parking spaces and deeded overflow parking. The unit is positioned just a block from St. Luke’s Hospital, supporting convenient access for business operations tied to the surrounding professional community.
Overall, the offering is a compact first-floor office space in a well-known office building with defined parking provisions for staff and overflow needs.
Key Highlights
- Fresh, ready‑to‑occupy first‑floor office unit in a single‑level building
- Year built: 1967
- Ample rear parking for the building
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 | $14.9k | $24.00 |
| − Vacancy | −$2.4k | −$3.84 |
| EGI | $12.5k | $20.16 |
| − OpEx | −$3.1k | −$5.04 |
| NOI | $9.4k | $15.12 |
619 SF · lease $24.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$133.7K
$117.0K – $156.0K
NOI $9,359 @ 7.0% cap · market cap 7.49%
Second Best
Healthcare Medical
$130.3K
$114.0K – $152.0K
NOI $9,119 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$182.5K
$159.7K – $212.9K
NOI $12,776 @ 7.0% cap · market cap 10.23%
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 - Fresh, ready-to-occupy first-floor office unit in a single-level building with ample rear and reserved parking.
Where is this office units located?
The property is located at 52-54 Brigham St #3 New Bedford, MA.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Fresh, ready‑to‑occupy first‑floor office unit in a single‑level building; Year built: 1967; Ample rear parking for the building
