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Medical Office Condo with Exam Rooms
For Sale
$629,000

92 High Street # T31, Medford, MA 02155

A flexible professional suite offers a multi-room layout, deeded parking, elevator service, and access to several major routes.

Property Size3,357 SF
Days on Market188

Property Features for 92 High Street # T31

General Information

Standard status Active
Size 3,357 SF
Total Parking Spaces 1
Elevators Yes
Property subtype COMMERCIAL

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,253

Amenities

gracious lobby with granite columns & coffered ceiling

Building Details

Building Size 3,357 SF
Year Built 1907
Tenancy Multi
Listing Agency: REMAX Andrew Realty Services
Listed By: John Veneziano
Source: Downtownbostonrealty
Added: Apr 1 Changed: Oct 4 Last Checked: Oct 4 at 1:30PM

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 REMAX Andrew Realty Services

Investment Insights

Based on property information with market context.

Set within the Marcus Fonzi Professional Office Condominiums, this medical office condo provides more than 3,000 square feet across 14 rooms. The current configuration includes two offices, nine exam rooms, a lounge, an oversized lobby and reception area, and one full and one half bath. One deeded parking space is included. The 1907 building has an elevator and a lobby finished with granite columns and a coffered ceiling; seasonal views of the Mystic River are available from several points in the suite.

The property fronts Route 60 and has access to I-93, MA-16, and MA-38. It is near municipal parking and served by a bus line. Previously used by a medical practice, the space is also described as suitable for professional uses.

Key Highlights

  • More than 3K square feet arranged in 14 rooms
  • Two offices, nine exam rooms, lounge, oversized lobby and reception, one full bath and one half bath
  • One deeded parking space

Property Analytics

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Current Use

Tai Chi Acupuncture ... Medical Clinic Keating-Cohen Elizabeth Physician Janie L. Kritzman, ... Physician John J. Lee, ... Ophthalmologist Advanced Aesthetics Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience Store Hotel & Motel Nursing Home Veterinary Clinic

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,741
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02155, MA

61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - A flexible professional suite offers a multi-room layout, deeded parking, elevator service, and access to several major routes.
Where is this medical office space located?
The property is located at 92 High Street # T31 Medford, MA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: More than 3K square feet arranged in 14 rooms; Two offices, nine exam rooms, lounge, oversized lobby and reception, one full bath and one half bath; One deeded parking space
More about this property
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