Medical Office Suite with
For Sale
Contact for pricing
661 South St W, Raynham, MA 02767
Well-maintained office suite with four private offices, conference room, reception area, and full ADA access on the first floor.
Property Size1,742 SF
Price / SF$2.30
Days on Market99
Property Features for 661 South St W
General Information
Standard status
Active
Size
1,742 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
conference room
kitchen/break room
reception area
ADA accessible
Building Details
Year Built
1880
Listing Agency:
Droukas Real Estate
(508) 458-5000
Listed By:
Brian Droukas · License #9559330
(781) 844-0755
Source:
Lockandkeyre
Added: Jul 23
Changed: Oct 29
Last Checked: Oct 28 at 8:31AM
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 Droukas Real Estate
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Investment Insights
Based on property information with market context.
This well-maintained former law office suite is move-in ready and features a functional layout designed for professional use. The space includes four private offices, a spacious conference room, two dedicated workstations, a full kitchen/break room, and an efficient reception area that supports client and visitor flow. The suite is fully ADA accessible on the first floor.
Located on South Street in Raynham, the property is described as highly visible and easily accessible. The listing notes ample on-site parking and convenient connections to Route 44, Route 24, I-495, and surrounding communities.
The interior configuration provides multiple private rooms alongside a conference space and reception area, supporting an organized office workflow for a range of office-based services.
Located on South Street in Raynham, the property is described as highly visible and easily accessible. The listing notes ample on-site parking and convenient connections to Route 44, Route 24, I-495, and surrounding communities.
The interior configuration provides multiple private rooms alongside a conference space and reception area, supporting an organized office workflow for a range of office-based services.
Key Highlights
- Well‑maintained former law office suite built in 1880
- Suite layout includes four private offices, a spacious conference room, and a full reception area
- Includes two dedicated workstations plus a full kitchen/break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,632
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,640
$572.6K
Cap Rate 7%
$409,029
$409.0K
Cap Rate 9%
$318,133
$318.1K
Market Conditions
NOI Build-Up for 1,742 SF
Gross rent
$47.7K $27.36/SF
− Vacancy
−$9.5K −$5.44/SF
EGI
$38.2K $21.92/SF
− OpEx
−$9.5K −$5.48/SF
NOI
$28.6K $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%
$572,640
Cap Rate 7%
$409,029
Cap Rate 9%
$318,133
Alternative Uses
Best Use
Healthcare Medical
$722.4K
$632.1K – $842.8K
NOI $50,565 @ 7.0% cap · market cap 1,264.13%
Second Best
Office B
$409.0K
$357.9K – $477.2K
NOI $28,632 @ 7.0% cap · market cap 715.80%
Theoretical Best
Office A
$1.06M
$928.2K – $1.24M
NOI $74,259 @ 7.0% cap · market cap 1,856.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
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Business Placement
Demographics for 02767, MA
15,376
Population
6,089
Households
2.5
Avg Household Size
43
Median Age
41%
College-Educated
91%
High-School Grad
24.8 sq mi
ZIP Area
620
Density / Sq Mi
$119,550
Median Household Income
$64,676
Median Earnings
$1,671
Median Rent
$507,500
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Well-maintained office suite with four private offices, conference room, reception area, and full ADA access on the first floor.
Where is this office unit located?
The property is located at 661 South St W Raynham, MA.
What are key features of this property?
This property features: Well‑maintained former law office suite built in 1880; Suite layout includes four private offices, a spacious conference room, and a full reception area; Includes two dedicated workstations plus a full kitchen/break room
