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Property profile

5 Ml St Medfield, MA 02052

OFF-MARKET
Office Spaces
Property ID
US38-0650478
731 SF Built 1984
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office condominium in Medfield, MA, presents a unique opportunity for business owners seeking cost-effective and convenient workspace. Priced at $84,900, this property offers a compelling alternative to traditional leasing, promising significantly lower monthly expenses. The unit features an open floor plan complemented by a private office, providing flexibility for various business needs. A dedicated restroom within the unit adds to its convenience and privacy. Enjoy the serene views of the building's rear yard, enhanced by seasonal foliage changes in spring and fall, accessible via a sliding glass door. The current configuration includes an open area and one private office. While the square footage isn't specified, potential buyers are encouraged to schedule a private showing to assess the space's suitability. To assist with budgeting, estimates for renovations are available upon request. These estimates cover painting, carpeting, ceiling tile replacement, and the installation of new LED lighting. Financing options can also be discussed. This is an ideal opportunity to establish or relocate your business in a desirable location with attractive cost savings. Don't miss out on this chance to own your business space. Contact us today to arrange a viewing.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1984
Construction FRAME
Total area 731 SF
Zoning code IE
APN MEDF M:0048 B:0000 L:065-05
UPID US38-0650478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Law Firm
  • Publishing House
  • General Contractor
  • Tutoring Service

Location

5 Ml St Medfield, MA 02052-1554
Medfield metro Census 406101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$92,000
4 recorded transactions
2025
$72,500
2021
$58,000
2020
$92,000
2020
Price N/A

Zoning & alternative use

IE · Medfield, MA
Zoning description

injurious, dangerous, noxious, or offensive to the community by reason of the emission of odor, fumes, dust, smoke, vibration, noise or other cause. [See § 300-14.10H(2)(e) .] C. No parking for an Industrial-Extensive (I…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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