Single-Level Office
91 First Parish Road, Scituate, MA 02066
For Sale
New
$750,000
Residential use has been confirmed by the town, creating a documented conversion option for the existing building.
Property Size3,096 SF
Price / SF$242.25
Days on Market5
Property Features for 91 First Parish Road
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
William Raveis R.E. & Home Services
Listed By:
Kathleen Duffy
(781) 545-1533
Source:
Highlandre
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 7:37AM
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 William Raveis R.E. & Home Services
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Investment Insights
Based on property information with market context.
This 3,096-square-foot, single-level office building occupies the corner of First Parish Road and Stockbridge Road in Scituate. The structure was previously used as a library and daycare before its most recent use as professional office space. Residential use has been confirmed by the town. The building is being sold in its existing condition, and a drop ceiling is currently in place; original photos showing a cathedral ceiling are for reference only.
Improvements include a roof installed in 2018, an oil boiler and security/fire alarm installed in 2021, and stucco siding resurfaced and painted in 2011. The property also has a natural gas fireplace, electricity, and town sewer.
Improvements include a roof installed in 2018, an oil boiler and security/fire alarm installed in 2021, and stucco siding resurfaced and painted in 2011. The property also has a natural gas fireplace, electricity, and town sewer.
Key Highlights
- 3,096‑square‑foot building with a single‑level layout
- Residential use confirmed by the town
- Corner location at First Parish Road and Stockbridge Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,756
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,120
$1.3M
Cap Rate 7%
$925,086
$925.1K
Cap Rate 9%
$719,511
$719.5K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$104.0K $33.60/SF
− Vacancy
−$17.7K −$5.71/SF
EGI
$86.3K $27.89/SF
− OpEx
−$21.6K −$6.97/SF
NOI
$64.8K $20.92/SF
Area
Plymouth County, MA
Vacancy
17.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,120
Cap Rate 7%
$925,086
Cap Rate 9%
$719,511
Alternative Uses
Best Use
Office B
$925.1K
$809.5K – $1.08M
NOI $64,756 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,297 @ 7.0% cap · market cap 17.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
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Business Placement
Demographics for 02066, MA
18,561
Population
8,032
Households
2.3
Avg Household Size
47
Median Age
67%
College-Educated
98%
High-School Grad
16.5 sq mi
ZIP Area
1,125
Density / Sq Mi
$131,889
Median Household Income
$64,375
Median Earnings
$1,579
Median Rent
$789,500
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Plymouth County, MA
Properties on Market for Office buildings in Plymouth County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Residential use has been confirmed by the town, creating a documented conversion option for the existing building.
Where is this office building located?
The property is located at 91 First Parish Road Scituate, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,096‑square‑foot building with a single‑level layout; Residential use confirmed by the town; Corner location at First Parish Road and Stockbridge Road
