Turnkey Medical Office
For Sale
$425,000
536 Broad Street Unit 6-8, Weymouth, MA 02189
Corner medical office condominium with six private exam/office rooms, an ADA-compliant restroom, and kitchenette.
Property Size1,660 SF
Price / SF$256.02
Days on Market38
Property Features for 536 Broad Street Unit 6-8
General Information
Standard status
Active
Size
1,660 SF
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1985
Listing Agency:
Conviser Property Group,Inc.
Listed By:
Dmitriy Shnitman
(617) 799-5818
Source:
Oldeforgerealty
Added: Jun 23
Changed: Jul 29
Last Checked: Jul 30 at 4:48PM
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.
A turnkey medical office condominium is available within a professionally managed medical building. The space is configured as a corner unit and includes six private exam/office rooms, one ADA-compliant restroom, and a dedicated kitchenette for day-to-day operations.
Units #6-8 are offered together for a single, highly functional layout. The corner positioning is designed to provide abundant natural light and visibility within the building.
This setup supports a practical medical or professional office use, with multiple private rooms and dedicated support space in a compact footprint.
Units #6-8 are offered together for a single, highly functional layout. The corner positioning is designed to provide abundant natural light and visibility within the building.
This setup supports a practical medical or professional office use, with multiple private rooms and dedicated support space in a compact footprint.
Key Highlights
- Turnkey medical office condo (Units #6‑8) at 536 Broad Street in Weymouth, MA
- 1,660 SF corner unit in a professionally managed medical building
- Includes 6 private exam/office rooms
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 8.57%
Second Best
Healthcare Medical
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$982.7K
$859.9K – $1.15M
NOI $68,790 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
255
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Corner medical office condominium with six private exam/office rooms, an ADA-compliant restroom, and kitchenette.
Where is this medical office space located?
The property is located at 536 Broad Street Unit 6-8 Weymouth, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Turnkey medical office condo (Units #6‑8) at 536 Broad Street in Weymouth, MA; 1,660 SF corner unit in a professionally managed medical building; Includes 6 private exam/office rooms
