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Class B Office Suites
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800 South Main St, Mansfield, MA 02048

Sunny, bright Class B office space offers multiple suites sized between 2,500 and 5,000 square feet.

Property Size5,000 SF
Price / SF$0.00
Days on Market516

Property Features for 800 South Main St

General Information

Standard status Active
Size 5,000 SF
Class B
Property subtype Commercial
Zoning RD
Lease Type Gross

Taxes and HOA fees

Annual Taxes $42,147

Building Details

Year Built 1981
Listing Agency: Keller Williams South Watuppa
Listed By: Luke Walen · License #9565991
Source: Churchillprop
Added: May 22, 2025 Changed: Oct 6 Last Checked: Oct 19 at 5:03AM

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 South Watuppa

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Investment Insights

Based on property information with market context.

Accessible, sunny, and bright Class B office space is available as multiple suites in a range of 2,500 to 5,000 square feet. The offering is structured as a modified gross lease, with NNN noted at $3 psf, and optional cleaning available for an additional $1.50 psf.

The property is located at 800 South Main St in Mansfield, Massachusetts, and presents a workable layout for office tenants seeking flexible space within the stated suite range.

Key Highlights

  • Class B office space available for lease in multiple suites totaling 2,500 to 5,000 SF each
  • Sunny, bright office space offered in multiple configurations
  • Lease rate is $23 PSF with modified gross terms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,183
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,643,660 $1.6M
Cap Rate 7%
$1,174,043 $1.2M
Cap Rate 9%
$913,144 $913.1K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$136.8K $27.36/SF
− Vacancy
−$27.2K −$5.44/SF
EGI
$109.6K $21.92/SF
− OpEx
−$27.4K −$5.48/SF
NOI
$82.2K $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%
$1,643,660
Cap Rate 7%
$1,174,043
Cap Rate 9%
$913,144

Alternative Uses

Best Use
Office B
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,183 @ 7.0% cap · market cap 357,317.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M (±1% cap)
NOI $213,144 @ 7.0% cap · market cap 926,713.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Royal Alliance Financial Advisor Superior Felt & Filtration Industrial Manufacturer Juliana Zee Physician Precision For Medicine Donor ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Law Firm Building Supply Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 02048, MA

23,860
Population
9,228
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
20.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$131,409
Median Household Income
$65,154
Median Earnings
$1,702
Median Rent
$571,000
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?
Office unit - Sunny, bright Class B office space offers multiple suites sized between 2,500 and 5,000 square feet.
Where is this office unit located?
The property is located at 800 South Main St Mansfield, MA.
What are key features of this property?
This property features: Class B office space available for lease in multiple suites totaling 2,500 to 5,000 SF each; Sunny, bright office space offered in multiple configurations; Lease rate is $23 PSF with modified gross terms
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