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Medical Office Suite with Exam Rooms
For Sale
$1,350,000

955 Main St, Winchester, MA 01890

An established clinical layout includes dedicated treatment, consultation, reception, and staff areas.

Property Size2,405 SF
Price / SF$561.33
Days on Market8

Property Features for 955 Main St

General Information

Standard status Active
Size 2,405 SF
Elevators Yes
Property subtype Office Medical

Space & Availability

Floor 3
Condition Turnkey

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Medical Office

Amenities

Turnkey 2,405 SF medical office with six exam rooms and four consultation rooms
Fully equipped clinical layout with eight sinks and a central nurses station
Recently updated with new paint and flooring in 2026
Elevator-served building with on-site parking near Winchester Hospital

Building Details

Building Size 2,405 SF
Year Built 1991
Year Renovated 2026
Buildings 1
Listing Agency: Boston Office
Listed By: Dan Karp · License #License(s): MA: 9634198-RE-S
Source: Marcusmillichap
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 30 at 10:36AM

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 Boston Office

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,405-square-foot medical office condominium occupies the third floor of the Russell Hill Office Building in Winchester. The suite includes six exam rooms, each with an individual sink, four consultation rooms, a central nurses station, reception and waiting areas, a staff kitchen, and administrative and support space. Paint and flooring were updated in 2026. The building was constructed in 1991.

Elevator service, on-site parking, and an accessible entrance serve the building. Winchester Center and Winchester Hospital are nearby, with access to Route 3, I-93, and I-95/128.

Key Highlights

  • 2,405‑square‑foot medical office condominium on the building’s third floor
  • Six exam rooms, each equipped with an individual sink
  • Four consultation rooms and a central nurses station

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,312
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,240 $1.5M
Cap Rate 7%
$1,090,171 $1.1M
Cap Rate 9%
$847,911 $847.9K
Market Conditions
NOI Build-Up for 2,405 SF
Gross rent
$130.4K $54.24/SF
− Vacancy
−$28.7K −$11.93/SF
EGI
$101.7K $42.31/SF
− OpEx
−$25.4K −$10.58/SF
NOI
$76.3K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,240
Cap Rate 7%
$1,090,171
Cap Rate 9%
$847,911

Alternative Uses

Best Use
Office B
$1.09M
$953.9K – $1.27M (±1% cap)
NOI $76,312 @ 7.0% cap · market cap 5.65%
Second Best
Healthcare Medical
$997.3K
$872.6K – $1.16M (±1% cap)
NOI $69,810 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,663 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Rehabilitation Services | Russell ... Rehabilitation Center Muscular Therapy Associates Alternative Medicine Practice Dermatology Associates Medical Clinic HQC Acupuncture. PC Medical Clinic Thayer Chiropractic Center Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Auto Parts Store Cosmetic Store Pet 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01890, MA

22,970
Population
8,283
Households
2.8
Avg Household Size
43
Median Age
78%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
3,828
Density / Sq Mi
$218,176
Median Household Income
$107,083
Median Earnings
$2,271
Median Rent
$1,181,700
Median Home Value

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

Similar Off Market Nearby

  • Winchester Animal Clinic — 874 Main St, Winchester, MA 01890
  • Winchester Veterinary Group — 95 Cross St, Winchester, MA 01890
  • Stephen W. Zanotti, VMD — 95 Cross St, Winchester, MA 01890

Frequently Asked Questions

What type of property is this?
Medical Office Space - An established clinical layout includes dedicated treatment, consultation, reception, and staff areas.
Where is this medical office space located?
The property is located at 955 Main St Winchester, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,405‑square‑foot medical office condominium on the building’s third floor; Six exam rooms, each equipped with an individual sink; Four consultation rooms and a central nurses station
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Includes: Price & PSF · Cap rate · Location · Zoning

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