Turnkey Medical Office
For Sale
$420,000
6-8-536 Broad St, Weymouth, MA 02188
Corner medical condominium with six private rooms, ADA restroom, and kitchenette within a professionally managed building.
Property Size1,660 SF
Price / SF$253.01
Days on Market124
Property Features for 6-8-536 Broad St
General Information
Standard status
Active
Size
1,660 SF
Taxes and HOA fees
Annual Taxes
$6,835
Listing Agency:
Conviser Property Group, Inc.
(617) 593-1700
Listed By:
Dmitriy Shnitman
(617) 953-9892
Source:
Exprealty
Added: Jun 24
Changed: Oct 1
Last Checked: Oct 24 at 8:51PM
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.
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
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
602
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02188, MA
15,133
Population
7,166
Households
2.1
Avg Household Size
42
Median Age
40%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
3,880
Density / Sq Mi
$102,236
Median Household Income
$64,110
Median Earnings
$1,859
Median Rent
$542,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Veterinary Urgent Care Center - Braintree — 27 Commercial St, Braintree, MA 02184
Frequently Asked Questions
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 $420,000.
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
