Historic Office Mixed-Use
646 Broadway Raynham, MA 02767
646 Broadway, Raynham, MA, 02767
$670,000
For Sale
$670,000
Office space on the first floor within a mixed-use zoned property on a mainly commercial/residential parcel.
Property Size3,200 SF
Lot Size0.97 Acres
Price / SF$209.38
Days on Market216
Property Features for 646 Broadway
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.97 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Carol Sullivan Real Estate Inc
Listed by
Carol Sullivan
(781) 635-9022
Source
Lindorealtygroup
Added: Dec 17, 2025 Updated: Jul 20 at 4:24PM Checked: Jul 20 at 4:24PM
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 Carol Sullivan Real Estate Inc
Investment Insights
Based on property information with market context.
This mixed-use zoned property includes an office building constructed circa 1917 with primarily vinyl exterior. The first floor is currently used as an office. The parcel is described as mainly classified as COMM/RES and allows one residential unit in the business zone.
Access is described as easy to Rt 24, Rt 495, and Rt 140. The public remarks note that the property may be sold as a package with 634 Broadway.
The site is identified as a single parcel with approximately one residential unit allowed in the business zone, and the existing improvements support office use on the first floor. Accompanied showings are required, and the business or tenants should not be approached.
Access is described as easy to Rt 24, Rt 495, and Rt 140. The public remarks note that the property may be sold as a package with 634 Broadway.
The site is identified as a single parcel with approximately one residential unit allowed in the business zone, and the existing improvements support office use on the first floor. Accompanied showings are required, and the business or tenants should not be approached.
Key Highlights
- .97‑acre commercially zoned mixed‑use lot with 1 residential unit allowed in the business zone
- First floor is currently used as an office within the mixed‑use building
- Office building built about 1917 (vinyl exterior)
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 | $87.6k | $27.36 |
| − Vacancy | −$17.4k | −$5.44 |
| EGI | $70.1k | $21.92 |
| − OpEx | −$17.5k | −$5.48 |
| NOI | $52.6k | $16.44 |
3,200 SF · lease $27.36/SF/yr · vacancy 19.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$751.4K
$657.5K – $876.6K
NOI $52,597 @ 7.0% cap · market cap 7.85%
Second Best
Mixed Use
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,412 @ 7.0% cap · market cap 20.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A.F. Macedo Insurance ...
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office space on the first floor within a mixed-use zoned property on a mainly commercial/residential parcel.
Where is this office building located?
The property is located at 646 Broadway Raynham, MA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: .97‑acre commercially zoned mixed‑use lot with 1 residential unit allowed in the business zone; First floor is currently used as an office within the mixed‑use building; Office building built about 1917 (vinyl exterior)
