Three-Unit Mixed-Use
For Sale
$949,000
609 Newport Ave, Attleboro, MA 02703
Includes a commercial suite and two renovated residential apartments.
Property Size1,905 SF
Price / SF$527.22
Days on Market33
Property Features for 609 Newport Ave
General Information
Standard status
Active
Size
1,905 SF
Property subtype
Commercial
Lease Term
Existing Lease Type: NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Office Units
1
Building Details
Building Size
1,905 SF
Year Built
1905
Listing Agency:
Keller Williams Realty Boston South West
(781) 251-2101
Listed By:
Carol ElKurdi · License #9583985
(617) 543-1165
Source:
Iverty
Added: Sep 3
Changed: Oct 4
Last Checked: Oct 4 at 11:08AM
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 Keller Williams Realty Boston South West
Investment Insights
Based on property information with market context.
This three-unit mixed-use property includes an approximately 1,800 SF commercial unit and two renovated 2-bedroom residential units. The commercial space has multiple offices or work areas, reception and conference areas, a kitchenette, storage, bathrooms, and private entrances, supporting a range of professional or service-oriented configurations subject to zoning and municipal approvals. Both residential units are occupied and currently generate rental income.
A brand-new roof was installed in 2025. The property is located at 609 Newport Ave in Attleboro, with access to Route 1, MBTA commuter rail, shopping, restaurants, and major highway routes. Future conversion or redevelopment of the commercial area may be explored, but any change of use or additional residential configuration requires independent verification and applicable municipal approvals.
A brand-new roof was installed in 2025. The property is located at 609 Newport Ave in Attleboro, with access to Route 1, MBTA commuter rail, shopping, restaurants, and major highway routes. Future conversion or redevelopment of the commercial area may be explored, but any change of use or additional residential configuration requires independent verification and applicable municipal approvals.
Key Highlights
- Three‑unit mixed‑use property with 1 commercial unit and 2 residential units
- Approximately 1,800 SF commercial space with offices, reception, conference area, kitchenette, storage, and private entrances
- Two renovated 2‑bedroom residential units, both currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,895
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,900
$597.9K
Cap Rate 7%
$427,071
$427.1K
Cap Rate 9%
$332,167
$332.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$58.3K $32.40/SF
− Vacancy
−$4.0K −$2.20/SF
EGI
$54.4K $30.20/SF
− OpEx
−$24.5K −$13.59/SF
NOI
$29.9K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,900
Cap Rate 7%
$427,071
Cap Rate 9%
$332,167
Alternative Uses
Best Use
Apartment 5plus
$427.1K
$373.7K – $498.3K
NOI $29,895 @ 7.0% cap · market cap 3.15%
Second Best
Office B
$422.7K
$369.8K – $493.1K
NOI $29,586 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.10M
$959.2K – $1.28M
NOI $76,732 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 02703, MA
46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a commercial suite and two renovated residential apartments.
Where is this mixed-use property located?
The property is located at 609 Newport Ave Attleboro, MA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three‑unit mixed‑use property with 1 commercial unit and 2 residential units; Approximately 1,800 SF commercial space with offices, reception, conference area, kitchenette, storage, and private entrances; Two renovated 2‑bedroom residential units, both currently occupied
