Office Unit with Private
For Sale
$240,000
63 Winthrop St #5, Taunton, MA 02780
Three separate rooms include an enclosed office, with two bathrooms serving the unit.
Property Size1,261 SF
Price / SF$190.33
Days on Market11
Property Features for 63 Winthrop St #5
General Information
Standard status
Active
Size
1,261 SF
Total Parking Spaces
4
Elevators
Yes
Property subtype
Commercial
Zoning
OFFDIS, Legal Conforming
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,970
Building Details
Year Built
1985
Listing Agency:
Conway - Mansfield
(508) 339-0022
Listed By:
Thomas Michaud
(508) 558-3475
Source:
Condonrealty
Added: Oct 20
Changed: Oct 30
Last Checked: Oct 29 at 7:34PM
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 Conway - Mansfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,261-square-foot office unit at 63 Winthrop St #5 in Taunton has a private entrance and three separate rooms, including an enclosed office. The layout also includes two bathrooms. A newer HVAC system and elevator serve the property, and four reserved parking spaces are included.
The unit was built in 1985 and is zoned OFFDIS, Legal Conforming.
The unit was built in 1985 and is zoned OFFDIS, Legal Conforming.
Key Highlights
- 1,261 square feet of office space
- Private entrance and three separate rooms, including an enclosed office
- Two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,726
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,520
$414.5K
Cap Rate 7%
$296,086
$296.1K
Cap Rate 9%
$230,289
$230.3K
Market Conditions
NOI Build-Up for 1,261 SF
Gross rent
$34.5K $27.36/SF
− Vacancy
−$6.9K −$5.44/SF
EGI
$27.6K $21.92/SF
− OpEx
−$6.9K −$5.48/SF
NOI
$20.7K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,520
Cap Rate 7%
$296,086
Cap Rate 9%
$230,289
Alternative Uses
Best Use
Office B
$296.1K
$259.1K – $345.4K
NOI $20,726 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$767.9K
$671.9K – $895.9K
NOI $53,755 @ 7.0% cap · market cap 22.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
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
Frequently Asked Questions
What type of property is this?
Office unit - Three separate rooms include an enclosed office, with two bathrooms serving the unit.
Where is this office unit located?
The property is located at 63 Winthrop St #5 Taunton, MA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,261 square feet of office space; Private entrance and three separate rooms, including an enclosed office; Two bathrooms
