Medical Office Condo For
For Sale
$615,000
536 Broad St #6-10, Weymouth, MA 02189
Turnkey medical office condo in Weymouth, MA, for sale.
Property Size2,541 SF
Price / SF$242.03
Days on Market97
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02189, MA
15,123
Population
6,689
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,781
Density / Sq Mi
$91,842
Median Household Income
$53,785
Median Earnings
$1,732
Median Rent
$463,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
