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Two-Story Office Half-Duplex with Separate Entry

B-347 W Grove St Middleboro, MA

Claim this Listing
For Sale
$275,000

Two-unit half-duplex with first-floor office and upstairs space, separate entrance, GU zoning, and Route 28 frontage.

Property size:
1,721 SF
Price / SF:
$159.79/SF
Added:
Feb 19, 2026
Days on Market:
145
Last Refresh:
Jul 11 at 3:10 am

Property Features for B-347 W Grove St

General Information

Standard status
Active
Size
1,721 SF

Listing office Cape Landing Real Estate

Listing date Feb 19, 2026

Source Exprealty

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 Cape Landing Real Estate


Investment Insights

Based on property information with market context.

This spacious two-story commercial half-duplex features an open layout and two units within the building, with an upstairs space accessible via a separate entrance. The first floor offers over 1,000 sq. ft. of versatile space for a business or office, while the upper level provides 600+ sq. ft. for personal use or rental space, depending on how you structure the operation.

The property is located approximately 1.1 miles from the new Middleboro T Station and benefits from busy Route 28 frontage for visibility and convenient access. Improvements noted include an LED sign rebuilt in 2022, a fully re-shingled roof from October 2018, and a new septic system installed in September 2019. Zoned GU, the entire building is available for purchase or lease.

The combination of two separate levels, a separate upstairs entrance, and recent property upgrades supports flexible occupancy or mixed-use configuration within one asset.

Key Highlights

  • Spacious two‑story commercial half‑duplex with 2 units and 1,700+ sq. ft. of versatile space
  • First floor offers 1,000+ sq. ft. of office/commercial space; upstairs adds 600+ sq. ft. with a separate entrance
  • Busy Route 28 frontage with prime visibility and easy access

Local Financial Insights For Mixed Use

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 $28.9k $16.80
− Vacancy −$2.3k −$1.34
EGI $26.6k $15.46
− OpEx −$10.0k −$5.80
NOI $16.6k $9.66
1,721 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$514.2K
$450.0K – $599.9K (±1% cap)
NOI $35,996 @ 7.0% cap · market cap 13.09%
Second Best
Mixed Use
$237.5K
$207.8K – $277.1K (±1% cap)
NOI $16,625 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$1.02M
$891.5K – $1.19M (±1% cap)
NOI $71,318 @ 7.0% cap · market cap 25.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Two-unit half-duplex with first-floor office and upstairs space, separate entrance, GU zoning, and Route 28 frontage.
Where is this live-work space located?
The property is located at B-347 W Grove St Middleboro, MA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Spacious two‑story commercial half‑duplex with 2 units and 1,700+ sq. ft. of versatile space; First floor offers 1,000+ sq. ft. of office/commercial space; upstairs adds 600+ sq. ft. with a separate entrance; Busy Route 28 frontage with prime visibility and easy access
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