Medical Office Condominium
536 Broad St Weymouth, MA 02189
For Sale
Contact for pricing
Corner medical office condo with 10 rooms, three private bathrooms, and a dedicated kitchenette.
Property Size1,660 SF
Price / SF$265.06
Days on Market71
Property Features for 536 Broad St
General Information
- Standard status
- Active
- Size
- 1,660 SF
- Property subtype
- OFFICE
Listing Agency:
Conviser Property Group
(617) 593-1700
Listed By:
Adam Conviser
(617) 593-1700
Source:
Moodyscre
Added: May 18
Changed: Jul 27
Last Checked: Jul 27 at 3:29AM
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
Investment Insights
Based on property information with market context.
This for-sale medical office condominium suite is located in a professionally managed medical building and is offered as a highly functional corner unit. The space includes 10 rooms, three private bathrooms, and a dedicated kitchenette, providing a practical layout for day-to-day patient and staff flow. The unit benefits from corner positioning for abundant natural light and strong visibility within the building.
The property is situated at 536 Broad Street and is positioned within a dense residential neighborhood. It is approximately 3 miles from South Shore Hospital and about 1 mile from the East Weymouth Commuter Rail Station.
The building features a large on-site parking lot with 70 surface parking spaces, supporting convenient patient and visitor access. A brand new roof was installed in 2024, and there are no anticipated near-term special assessments noted in the remarks.
The property is situated at 536 Broad Street and is positioned within a dense residential neighborhood. It is approximately 3 miles from South Shore Hospital and about 1 mile from the East Weymouth Commuter Rail Station.
The building features a large on-site parking lot with 70 surface parking spaces, supporting convenient patient and visitor access. A brand new roof was installed in 2024, and there are no anticipated near-term special assessments noted in the remarks.
Key Highlights
- 2,541 SF corner medical office condominium at 536 Broad Street, Units #6–10, Weymouth
- 10 rooms plus dedicated kitchenette and 3 private bathrooms
- 70‑surface parking spaces and professionally managed medical building
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 | $58.2k | $35.04 |
| − Vacancy | −$9.6k | −$5.78 |
| EGI | $48.6k | $29.26 |
| − OpEx | −$12.1k | −$7.31 |
| NOI | $36.4k | $21.94 |
1,660 SF · lease $35.04/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$520.4K
$455.3K – $607.1K
NOI $36,427 @ 7.0% cap · market cap 8.28%
Second Best
Healthcare Medical
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$982.7K
$859.9K – $1.15M
NOI $68,790 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 - Corner medical office condo with 10 rooms, three private bathrooms, and a dedicated kitchenette.
Where is this medical office space located?
The property is located at 536 Broad St Weymouth, MA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2,541 SF corner medical office condominium at 536 Broad Street, Units #6–10, Weymouth; 10 rooms plus dedicated kitchenette and 3 private bathrooms; 70‑surface parking spaces and professionally managed medical building
