Winchester Medical/Professional Office
For Sale
$1,150,000
955 Main St # 305 Winchester, Winchester, MA 01890
Bright, renovated medical/professional office condo in prime location.
Property Size2,054 SF
Price / SF$559.88
Days on Market153
Property Features for 955 Main St # 305 Winchester
General Information
Standard status
Active
Size
2,054 SF
Zoning
MSMD
Taxes and HOA fees
Annual Taxes
$10,441
Building Details
Building Size
2,054 SF
Year Built
1980
Listed By:
Brian DaSilva
(774) 309-3101
Source:
Milestonerealtyinc
Added: May 16
Changed: Oct 7
Last Checked: Oct 7 at 9:55AM
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 Brian DaSilva
Investment Insights
Based on property information with market context.
This property in Winchester is a medical and professional office condominium located on one floor of the Russell Hill Office Building. The unit features a large reception and waiting area, multiple exam/office rooms, a large conference room, staff workspace, and a kitchenette with an eat-in area. It also includes closets, cabinets, and two restrooms: a full private in-suite bath and a half bath in the hallway. Four of the five exam rooms have sinks. Furniture is included. The three-story building is elevator-served and offers on-site surface parking with handicap-accessible entry. The location provides convenient access to Winchester town center, Winchester Hospital, Route 38, I-93, and I-95/128. Zoning permits medical and professional office use. The entire unit was renovated in 2009, and one exam procedure room was renovated in 2026. The facility is professionally managed. The property size is 2054 square feet.
Key Highlights
- Move‑in ready medical/professional office with furniture included.
- Prime location with convenient access to Winchester town center, Winchester Hospital, Route 38, I‑93, and I‑95/128.
- Multiple exam/office rooms, large conference room, and staff workspace.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,174
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,303,480
$1.3M
Cap Rate 7%
$931,057
$931.1K
Cap Rate 9%
$724,156
$724.2K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$111.4K $54.24/SF
− Vacancy
−$24.5K −$11.93/SF
EGI
$86.9K $42.31/SF
− OpEx
−$21.7K −$10.58/SF
NOI
$65.2K $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%
$1,303,480
Cap Rate 7%
$931,057
Cap Rate 9%
$724,156
Alternative Uses
Best Use
Office B
$931.1K
$814.7K – $1.09M
NOI $65,174 @ 7.0% cap · market cap 5.67%
Second Best
Healthcare Medical
$851.7K
$745.3K – $993.7K
NOI $59,621 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,117 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Bright, renovated medical/professional office condo in prime location.
Where is this medical office space located?
The property is located at 955 Main St # 305 Winchester Winchester, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Move‑in ready medical/professional office with furniture included.; Prime location with convenient access to Winchester town center, Winchester Hospital, Route 38, I‑93, and I‑95/128.; Multiple exam/office rooms, large conference room, and staff workspace.
