First-Floor Office
52-54 Brigham St # 6 New Bedford, MA 02740
52-54 Brigham St # 6, New Bedford, MA, 02740
$119,900
For Sale
$119,900
Renovated first-floor office suite with reception, kitchenette, two private offices, and two restrooms, plus ample rear parking.
Property Size589 SF
Price / SF$203.57
Days on Market40
Property Features for 52-54 Brigham St # 6
General Information
- Standard status
- Active
- Size
- 589 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing agency
Silva Realty Group, Inc.
(508) 643-8166
Listed by
Amanda Lucido Hodges · License #451501510
(508) 643-8166
Source
Bournetosellrealestate
Added: Jun 12 Updated: Jul 21 at 12:40AM Checked: Jul 21 at 3:34AM
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 renovated first-floor office suite is located in a single-level professional building and is set up for a full reception-to-office workflow. The unit includes a reception area, waiting area, kitchenette, two private offices, and two restrooms.
Parking is a strong feature of the property, with ample rear parking plus reserved staff parking spaces and deeded overflow parking. The location is described as being just a block from St. Luke’s Hospital, within an established professional building.
The suite’s layout supports client entry through the waiting/reception areas, followed by access to the two private offices, with separate restroom facilities included in the unit.
Parking is a strong feature of the property, with ample rear parking plus reserved staff parking spaces and deeded overflow parking. The location is described as being just a block from St. Luke’s Hospital, within an established professional building.
The suite’s layout supports client entry through the waiting/reception areas, followed by access to the two private offices, with separate restroom facilities included in the unit.
Key Highlights
- Renovated first‑floor office suite in a single‑level building (built in 1967).
- Includes reception area, waiting area, kitchenette, and two private offices.
- Features two restrooms within the office suite.
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 | $14.1k | $24.00 |
| − Vacancy | −$2.3k | −$3.84 |
| EGI | $11.9k | $20.16 |
| − OpEx | −$3.0k | −$5.04 |
| NOI | $8.9k | $15.12 |
589 SF · lease $24.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$127.2K
$111.3K – $148.4K
NOI $8,906 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$173.7K
$152.0K – $202.6K
NOI $12,157 @ 7.0% cap · market cap 10.14%
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 - Renovated first-floor office suite with reception, kitchenette, two private offices, and two restrooms, plus ample rear parking.
Where is this office units located?
The property is located at 52-54 Brigham St # 6 New Bedford, MA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Renovated first‑floor office suite in a single‑level building (built in 1967).; Includes reception area, waiting area, kitchenette, and two private offices.; Features two restrooms within the office suite.
