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Three-Unit Mixed-Use Property
For Sale
$949,000

609 Newport Ave, Attleboro, MA 02703

Commercial Sale, Attleboro, MA

Property Size1,800 SF
Lot Size0.11 Acres
Price / SF$527.22
Days on Market47

Property Features for 609 Newport Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed Use
Zoning description Legal Conforming
Directions Use Google Maps
Standard status Active
APN M:0064 B:0000 L:0050,2760685
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8000

Building Details

Year built 1905
Listing Agency: Keller Williams Realty Boston South West
Listed By: Iris Papagno
Added: Sep 3 Changed: Oct 16 Last Checked: Oct 19 at 9:06PM
MLS# 73571817

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1905, this mixed-use property contains three units: one commercial space and two residential apartments. The commercial unit measures approximately 1,800 SF and includes multiple office or work areas, reception and conference areas, a kitchenette, storage, bathrooms, and private entrances. The two residential units each have two bedrooms and have been renovated; both are currently occupied and producing rental income.

The property occupies 0.1063 acres at 609 Newport Ave in Attleboro, with convenient access to Route 1, MBTA commuter rail, shopping, restaurants, and major highway routes. Zoning is Mixed Use. A new roof was installed in 2025. Potential changes to the commercial space or other residential use would require confirmation of feasibility along with applicable zoning, permitting, and municipal approvals.

Key Highlights

  • Three‑unit configuration with one commercial unit and two residential units
  • Approximately 1,800 SF commercial unit with offices, reception, conference space, 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 (±1% cap)
NOI $29,895 @ 7.0% cap · market cap 3.15%
Second Best
Office B
$422.7K
$369.8K – $493.1K (±1% cap)
NOI $29,586 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.10M
$959.2K – $1.28M (±1% cap)
NOI $76,732 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Furniture & Home Goods Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
2
Residential units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a commercial suite and two renovated residential apartments in a mixed-use-zoned building.
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 configuration with one commercial unit and two residential units; Approximately 1,800 SF commercial unit with offices, reception, conference space, kitchenette, storage, and private entrances; Two renovated 2‑bedroom residential units, both currently occupied
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