Medical Office Condo For
536 Broad St #6-10 Weymouth, MA 02189
For Sale
$615,000
Turnkey medical office condo in Weymouth, MA, for sale.
Property Size2,541 SF
Price / SF$242.03
Days on Market94
Property Features for 536 Broad St #6-10
General Information
- Standard status
- Active
- Size
- 2,541 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing Agency:
Conviser Property Group, Inc.
(617) 953-9892
Listed By:
Dmitriy Shnitman
(617) 953-9892
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 23 at 7:20AM
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 Conviser Property Group, Inc.
Investment Insights
Based on property information with market context.
Located at 536 Broad Street, Units #6–10, Weymouth, MA, this medical office condominium offers a functional space of approximately 2,541 square feet. The corner unit is a turnkey opportunity for a medical end user seeking immediate occupancy in a professionally managed medical building. The space includes 10 rooms, 3 private bathrooms, and a dedicated kitchenette, creating an efficient environment for staff and visitors. The corner positioning provides abundant natural light and visibility. The property is situated approximately 3 miles from South Shore Hospital and 1 mile from East Weymouth Commuter Rail Station, within a dense residential neighborhood. A large parking lot offers 70 surface parking spaces.
Key Highlights
- Turnkey medical office condominium offering immediate occupancy
- ±2,541 square foot corner unit with abundant natural light
- Includes 10 rooms, 3 private bathrooms, and a dedicated kitchenette
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 | $89.0k | $35.04 |
| − Vacancy | −$14.7k | −$5.78 |
| EGI | $74.3k | $29.26 |
| − OpEx | −$18.6k | −$7.31 |
| NOI | $55.8k | $21.94 |
2,541 SF · lease $35.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$796.6K
$697.0K – $929.3K
NOI $55,759 @ 7.0% cap · market cap 9.07%
Second Best
Healthcare Medical
$655.0K
$573.1K – $764.1K
NOI $45,848 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,298 @ 7.0% cap · market cap 17.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Shahram Moghaddam
Dental Office
Weymouth Smiles Dental
Dental Office
Dr. Parsia Koleini
Dental Office
Kream & Kream
Law Firm
Baystate Foot Health ...
Medical Clinic
FAQs
What type of property is this?
Medical Office Space - Turnkey medical office condo in Weymouth, MA, for sale.
Where is this medical office space located?
The property is located at 536 Broad St #6-10 Weymouth, MA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Turnkey medical office condominium offering immediate occupancy; ±2,541 square foot corner unit with abundant natural light; Includes 10 rooms, 3 private bathrooms, and a dedicated kitchenette
