Brick Office Building with Three
90 Stevens Street Taunton, MA 02718
90 Stevens Street, Taunton, MA, 02718
$1,200,000
For Sale
$1,200,000
Single-level, handicap-accessible office building offers three separate units with independent gas HVAC.
Property Size6,374 SF
Price / SF$188.26
Days on Market43
Property Features for 90 Stevens Street
General Information
- Standard status
- Active
- Size
- 6,374 SF
Building Details
- Year Built
- 2007
Listing Agency
RE/MAX Real Estate Center
Listed by
Bruno Real Estate Advisors
Source
413realestate
Added: Jun 5 Checked: Jul 16 at 2:01 am
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 RE/MAX Real Estate Center
Investment Insights
Based on property information with market context.
This brick office building is offered for sale with a total of 6,374 SF subdivided into three independently laid-out units. Unit 1 includes six offices, a reception area, a conference room, and two bathrooms. Unit 2 offers four offices, reception, a conference room, a kitchen area, and two bathrooms. Unit 3 features a reception area, a conference room, a kitchen area, an open area, a private office, and two bathrooms. The property is one level and handicap accessible, with individual gas HVAC and 250-amp electric service. City water and sewer are in place, and the site includes professionally landscaped grounds with inground sprinklers.
The building is positioned with easy access to major highways via the on/off ramp for Rte 140/24, connecting to New Bedford/Fall River, Rhode Island, and Boston/Cape. It also abuts Liberty Union Industrial Park and is described as being convenient to First Light Casino.
For tenants, buyers, or owner-operators, the three-unit configuration supports multiple office users and offers space planning consistency with reception and conference room components across the units. Individual gas HVAC can help reduce shared-system coordination, while the handicap-accessible, one-level layout can support a broader range of office needs.
The building is positioned with easy access to major highways via the on/off ramp for Rte 140/24, connecting to New Bedford/Fall River, Rhode Island, and Boston/Cape. It also abuts Liberty Union Industrial Park and is described as being convenient to First Light Casino.
For tenants, buyers, or owner-operators, the three-unit configuration supports multiple office users and offers space planning consistency with reception and conference room components across the units. Individual gas HVAC can help reduce shared-system coordination, while the handicap-accessible, one-level layout can support a broader range of office needs.
Key Highlights
- Brick office building built in 2007 with 6,374 SF total, subdivided into three separate units
- Unit 1: 2,040 SF with 6 offices, reception, conference room, and 2 BA
- Unit 2: 1,989 SF with 4 offices, reception, conference room, kitchen area, and 2 BA
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 | $174.4k | $27.36 |
| − Vacancy | −$34.7k | −$5.44 |
| EGI | $139.7k | $21.92 |
| − OpEx | −$34.9k | −$5.48 |
| NOI | $104.8k | $16.44 |
6,374 SF · lease $27.36/SF/yr · vacancy 19.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,766 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.88M
$3.40M – $4.53M
NOI $271,716 @ 7.0% cap · market cap 22.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Department of Youth Services
Social Service Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-level, handicap-accessible office building offers three separate units with independent gas HVAC.
Where is this office building located?
The property is located at 90 Stevens Street Taunton, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Brick office building built in 2007 with 6,374 SF total, subdivided into three separate units; Unit 1: 2,040 SF with 6 offices, reception, conference room, and 2 BA; Unit 2: 1,989 SF with 4 offices, reception, conference room, kitchen area, and 2 BA
