ADA-Compliant Office
99 Spring Street Fairhaven, MA 02719
99 Spring Street, Fairhaven, MA, 02719
$549,500
For Sale
$549,500
Well-maintained office building with dedicated office space and an ADA-compliant bathroom on an expansive lot.
Property Size2,172 SF
Price / SF$252.99
Days on Market353
Property Features for 99 Spring Street
General Information
- Standard status
- Active
- Size
- 2,172 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1928
Listing agency
Coastal Realty
Listed by
Richard Trapilo
(617) 875-4950
Source
Sarkisboston
Added: Aug 3, 2025 Updated: Jul 20 at 8:19PM Checked: Jul 20 at 8:19PM
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 Coastal Realty
Investment Insights
Based on property information with market context.
Well-maintained commercial office building offering dedicated office space and an ADA-compliant bathroom. The property totals 2,172 SF and sits on an expansive 19,392 SF lot. Recent years have included significant structural improvements and equipment upgrades.
Located at 99 Spring Street in Fairhaven in a high-visibility area with strong traffic exposure. The site has a Clean 21E completed in 2025, supporting buyer confidence. The property is grandfathered for non-conforming use, permitting both commercial and residential possibilities.
On the exterior, the generous lot size is designed to support practical site needs such as parking and storage, with room to consider future expansion.
Located at 99 Spring Street in Fairhaven in a high-visibility area with strong traffic exposure. The site has a Clean 21E completed in 2025, supporting buyer confidence. The property is grandfathered for non-conforming use, permitting both commercial and residential possibilities.
On the exterior, the generous lot size is designed to support practical site needs such as parking and storage, with room to consider future expansion.
Key Highlights
- Well‑maintained 2,172 SF commercial building built in 1928
- Expansive 19,392 SF lot with space for parking, storage, or future expansion
- Interior includes dedicated office space and an ADA‑compliant bathroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $27.36 |
| − Vacancy | −$11.8k | −$5.44 |
| EGI | $47.6k | $21.92 |
| − OpEx | −$11.9k | −$5.48 |
| NOI | $35.7k | $16.44 |
2,172 SF · lease $27.36/SF/yr · vacancy 19.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$510.0K
$446.3K – $595.0K
NOI $35,700 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,590 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spring Street Garage
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-maintained office building with dedicated office space and an ADA-compliant bathroom on an expansive lot.
Where is this office building located?
The property is located at 99 Spring Street Fairhaven, MA.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Well‑maintained 2,172 SF commercial building built in 1928; Expansive 19,392 SF lot with space for parking, storage, or future expansion; Interior includes dedicated office space and an ADA‑compliant bathroom
