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Property profile & analytics
FOR LEASE
Office buildings

1020 Plain St Marshfield, MA 02050

17,104 SF 1.85 ac lot Built 1972
Entity Owned 18-yr Hold Free & Clear
Property ID
US38-0845283
Property summary
AI-generated overview

This exceptional Marshfield, MA office property, located at 1020 Plain St, offers a variety of executive office suites within the Marshfield Professional Center. The building, totaling 17,152 square feet, was constructed in 1976 and sits on a 1.85-acre lot. Currently, there is 1,300 square feet of vacant space available, with flexible suite sizes ranging from 1,050 to 2,100 square feet, perfect for businesses seeking a professional and convenient location. The property is zoned for business use and enjoys a highly desirable location directly off Route 3, Exit 12, ensuring excellent accessibility and visibility. On-site property management simplifies operations, and all utilities are included, minimizing operational overhead. This Plymouth County location, within the Route 3 Corridor submarket, provides easy access to major transportation routes and a thriving business community. The building's convenient location and comprehensive amenities make it an ideal choice for businesses seeking a productive and well-maintained workspace. The property is situated in the 02050 zip code. This is a multiple tenancy building offering a range of options to suit various business needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction STEEL FRAME
Total area 17,104 SF
Lot 1.85 ac (80,586 SF)
Zoning code B-2
APN MARS M:0C10 B:0006 L:0001
UPID US38-0845283
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Nicole Mastando Alternative Medicine Practice
  • Structures Engineering Inc Structural Engineer
  • Rockwood Design, Inc. Landscape Designer Architectural Designer
  • CAPE RETIREMENT WEALTH ADVISORS Financial Advisor
  • New England Technology Inc Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.94M
Blend (final) Blend
$2.93M
Owner & transaction history
1020 Plain Street LLC · 18 yrs held
1020 Plain Street LLC
since 2008
6 recorded transactions
2008
$1
2007
$2.3M
1997
Price N/A
1994
Price N/A
1988
Price N/A
1987
Price N/A
Zoning & alternative use
B-2 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

able attached to this bylaw which is declared to be a part of this bylaw. In addition, uses are subject to Articles XI , XIII and XV where appropriate. [1] Uses Residential Business Industrial Overlay R-1 R-2 R-3 RB B-1 B-2 B-3 B-4 OP I-1 A PMUD WRPD BRVO KEY: S = Special Permit Required P = Use Permitted - = Prohibited Use Principal Uses Residential 1. One-…

Zone name Business Highway
General category COMMERCIAL
Zone area 210.27 ac
Top alternative use upside
Restaurant $4.5M +30.5%
Industrial (general) $3.9M +12.4%
Retail stores $3.6M +2.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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