Turnkey Medical Office
6-8-536 Broad St Weymouth, MA 02188
6-8-536 Broad St, Weymouth, MA, 02188
$430,000
For Sale
$430,000
Corner medical condominium with six private rooms, ADA restroom, and kitchenette within a professionally managed building.
Property Size1,660 SF
Price / SF$259.04
Days on Market29
Property Features for 6-8-536 Broad St
General Information
- Standard status
- Active
- Size
- 1,660 SF
Listing agency
Conviser Property Group, Inc.
(617) 953-9892
Listed by
Dmitriy Shnitman
(617) 953-9892
Source
Exprealty
Added: Jun 24 Updated: Jul 22 at 11:17AM Checked: Jul 22 at 11:17AM
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.
This medical office condominium presents a highly functional layout in a professionally managed medical building. The corner unit encompasses six private exam and office rooms, one ADA-compliant restroom, and a dedicated kitchenette, creating an efficient workspace for staff and patients.
The offering includes units #6–8 at 536 Broad Street. The corner positioning is designed to support strong interior visibility and natural light within the building.
The configuration is well-suited for medical or related professional use, supported by the private room layout and on-site restroom and kitchenette facilities.
The offering includes units #6–8 at 536 Broad Street. The corner positioning is designed to support strong interior visibility and natural light within the building.
The configuration is well-suited for medical or related professional use, supported by the private room layout and on-site restroom and kitchenette facilities.
Key Highlights
- ±1,660 SF corner medical office condo at 536 Broad Street, Units #6–8, Weymouth, MA
- 6 private exam/office rooms for patient visits and office use
- 1 ADA‑compliant restroom plus a dedicated kitchenette
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 | $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 8.47%
Second Best
Healthcare Medical
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$982.7K
$859.9K – $1.15M
NOI $68,790 @ 7.0% cap · market cap 16.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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Similar Off Market Nearby
- Veterinary Urgent Care Center - Braintree — 27 Commercial St, Braintree, MA 02184
FAQs
What type of property is this?
Medical Office Space - Corner medical condominium with six private rooms, ADA restroom, and kitchenette within a professionally managed building.
Where is this medical office space located?
The property is located at 6-8-536 Broad St Weymouth, MA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: ±1,660 SF corner medical office condo at 536 Broad Street, Units #6–8, Weymouth, MA; 6 private exam/office rooms for patient visits and office use; 1 ADA‑compliant restroom plus a dedicated kitchenette