Medical Office Condominium
536 Broad Street Unit 6-10 Weymouth, MA 02189
536 Broad Street Unit 6-10, Weymouth, MA, 02189
$630,000
For Sale
$630,000
Turnkey medical condominium suite with 10 rooms, three private bathrooms, and a dedicated kitchenette.
Property Size2,541 SF
Price / SF$247.93
Days on Market404
Property Features for 536 Broad Street Unit 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.
(305) 751-6400
Listed by
Dmitriy Shnitman
Source
Eganrealtygroup
Added: Jun 14, 2025 Updated: Jul 21 at 5:54PM Checked: Jul 21 at 5:54PM
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.
Prime medical office condominium located at 536 Broad Street, Units #6–10. This highly functional corner unit totals 2,541 square feet and is designed for immediate occupancy in a professionally managed medical building.
The suite includes 10 rooms, three private bathrooms, and a dedicated kitchenette. Its corner positioning is intended to provide abundant natural light and strong visibility within the building.
The property is supported by a large parking lot with 70 surface spaces. It is situated about 3 miles from South Shore Hospital and approximately 1 mile from the East Weymouth Commuter Rail Station, within a dense residential neighborhood.
The suite includes 10 rooms, three private bathrooms, and a dedicated kitchenette. Its corner positioning is intended to provide abundant natural light and strong visibility within the building.
The property is supported by a large parking lot with 70 surface spaces. It is situated about 3 miles from South Shore Hospital and approximately 1 mile from the East Weymouth Commuter Rail Station, within a dense residential neighborhood.
Key Highlights
- Medical office condominium, Units #6–10 at 536 Broad Street, Weymouth, MA; built in 1985
- 2,541 SF corner unit with 10 rooms, 3 private bathrooms, and a dedicated kitchenette
- Large on‑site parking lot with 70 surface parking spaces
Local 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 8.85%
Second Best
Healthcare Medical
$655.0K
$573.1K – $764.1K
NOI $45,848 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,298 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Turnkey medical condominium suite with 10 rooms, three private bathrooms, and a dedicated kitchenette.
Where is this medical office space located?
The property is located at 536 Broad Street Unit 6-10 Weymouth, MA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Medical office condominium, Units #6–10 at 536 Broad Street, Weymouth, MA; built in 1985; 2,541 SF corner unit with 10 rooms, 3 private bathrooms, and a dedicated kitchenette; Large on‑site parking lot with 70 surface parking spaces
