Updated Office
New
For Sale
Contact for pricing
946 American Legion Highway, Westport, MA 02790
Private entry, natural light, and adaptable interior space support a range of commercial uses.
Property Size1,500 SF
Price / SF$1.13
Days on Market5
Property Features for 946 American Legion Highway
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Property Use
Office
Amenities
private entrance
central heating and air conditioning
open and inviting layout
multiple windows
updated flooring
shared bathroom
space for business signage
Building Details
Year Built
1985
Listing Agency:
Rosen Property Management, Inc.
(508) 673-7900
Listed By:
Becky Lynn Rosen
Source:
Lockandkeyre
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:57PM
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 Rosen Property Management, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite provides approximately 1,500 square feet of flexible space, with an open layout that can accommodate private offices or distinct work areas. Features include a private entrance, central heating and air conditioning, updated flooring, multiple windows, and access to a shared bathroom. The building dates to 1985, and the space may be subdivided with owner approval.
At 946 American Legion Highway in Westport, the property is just off Route 177 and offers access to major routes. Off-street parking is available, and there is space for business signage. The one-year lease includes a self-extending renewal provision; heat, central air conditioning, gas, electricity, and parking are included in the monthly rent.
At 946 American Legion Highway in Westport, the property is just off Route 177 and offers access to major routes. Off-street parking is available, and there is space for business signage. The one-year lease includes a self-extending renewal provision; heat, central air conditioning, gas, electricity, and parking are included in the monthly rent.
Key Highlights
- Approximately 1,500 square feet of flexible office space
- May be divided into smaller areas with owner approval
- Private entrance, central heating and air conditioning, and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,655
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,100
$493.1K
Cap Rate 7%
$352,214
$352.2K
Cap Rate 9%
$273,944
$273.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$41.0K $27.36/SF
− Vacancy
−$8.2K −$5.44/SF
EGI
$32.9K $21.92/SF
− OpEx
−$8.2K −$5.48/SF
NOI
$24.7K $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%
$493,100
Cap Rate 7%
$352,214
Cap Rate 9%
$273,944
Alternative Uses
Best Use
Office B
$352.2K
$308.2K – $410.9K
NOI $24,655 @ 7.0% cap · market cap 1,450.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.5K
$799.3K – $1.07M
NOI $63,943 @ 7.0% cap · market cap 3,761.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 02790, MA
16,458
Population
7,523
Households
2.2
Avg Household Size
50
Median Age
30%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
305
Density / Sq Mi
$100,617
Median Household Income
$52,188
Median Earnings
$1,313
Median Rent
$476,000
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
Frequently Asked Questions
What type of property is this?
Office unit - Private entry, natural light, and adaptable interior space support a range of commercial uses.
Where is this office unit located?
The property is located at 946 American Legion Highway Westport, MA.
What are key features of this property?
This property features: Approximately 1,500 square feet of flexible office space; May be divided into smaller areas with owner approval; Private entrance, central heating and air conditioning, and updated flooring
