ADA-Compliant Office
For Sale
$549,500
99 Spring St, Fairhaven, MA 02719
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 Market292
Property Features for 99 Spring St
General Information
Standard status
Active
Size
2,172 SF
Property subtype
Commercial
Zoning
RA
Taxes and HOA fees
Annual Taxes
$4,931
Building Details
Building Size
2,172 SF
Year Built
1928
Listing Agency:
Coastal Realty
(508) 990-4280
Listed By:
Richard Trapilo · License #105076-B
(774) 644-3420
Source:
Churchillprop
Added: Dec 31, 2025
Changed: Oct 6
Last Checked: Oct 19 at 5:04AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,700
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,000
$714.0K
Cap Rate 7%
$510,000
$510.0K
Cap Rate 9%
$396,667
$396.7K
Market Conditions
NOI Build-Up for 2,172 SF
Gross rent
$59.4K $27.36/SF
− Vacancy
−$11.8K −$5.44/SF
EGI
$47.6K $21.92/SF
− OpEx
−$11.9K −$5.48/SF
NOI
$35.7K $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%
$714,000
Cap Rate 7%
$510,000
Cap Rate 9%
$396,667
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 02719, MA
15,924
Population
7,777
Households
2
Avg Household Size
49
Median Age
30%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,284
Density / Sq Mi
$92,500
Median Household Income
$57,781
Median Earnings
$1,071
Median Rent
$407,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
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 St 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
