Corner Medical Office
For Sale
$420,000
536 Broad St 6-8, Weymouth, MA 02189
Professionally managed medical building with private rooms, an ADA-compliant restroom, and a dedicated kitchenette.
Property Size1,660 SF
Price / SF$253.01
Days on Market74
Property Features for 536 Broad St 6-8
General Information
Standard status
Active
Size
1,660 SF
Building Details
Year Built
1985
Listing Agency:
Conviser Property Group, Inc.
Listed By:
Dmitriy Shnitman
(305) 751-6400
Source:
Lyvrealty
Added: Aug 4
Changed: Sep 4
Last Checked: Oct 7 at 2:50PM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The medical office condominium at 536 Broad Street, Units 6–8, provides 1,660 square feet in a corner-unit configuration. Built in 1985, the space includes 6 private exam or office rooms, 1 ADA-compliant restroom, and a dedicated kitchenette. Its layout supports medical, wellness, and professional office operations, with natural light reaching the corner position.
The property is located in Weymouth, Massachusetts, within a professionally managed medical building. The unit’s interior arrangement provides separate rooms for examinations or offices along with staff kitchenette space and restroom access.
The property is located in Weymouth, Massachusetts, within a professionally managed medical building. The unit’s interior arrangement provides separate rooms for examinations or offices along with staff kitchenette space and restroom access.
Key Highlights
- 1,660‑square‑foot medical office condominium at 536 Broad Street, Units 6–8
- 6 private exam or office rooms
- 1 ADA‑compliant restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,427
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,540
$728.5K
Cap Rate 7%
$520,386
$520.4K
Cap Rate 9%
$404,744
$404.7K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$58.2K $35.04/SF
− Vacancy
−$9.6K −$5.78/SF
EGI
$48.6K $29.26/SF
− OpEx
−$12.1K −$7.31/SF
NOI
$36.4K $21.94/SF
Area
Norfolk County, MA
Vacancy
16.50%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,540
Cap Rate 7%
$520,386
Cap Rate 9%
$404,744
Alternative Uses
Best Use
Office B
$520.4K
$455.3K – $607.1K
NOI $36,427 @ 7.0% cap · market cap 8.67%
Second Best
Healthcare Medical
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$982.7K
$859.9K – $1.15M
NOI $68,790 @ 7.0% cap · market cap 16.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
Frequently Asked Questions
What type of property is this?
Medical Office Space - Professionally managed medical building with private rooms, an ADA-compliant restroom, and a dedicated kitchenette.
Where is this medical office space located?
The property is located at 536 Broad St 6-8 Weymouth, MA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,660‑square‑foot medical office condominium at 536 Broad Street, Units 6–8; 6 private exam or office rooms; 1 ADA‑compliant restroom
