6 Mill StMedfield, MA 02052

Property Details for 6 Mill St

Year built

1983

Construction

FRAME

Lot size

0.34 AC

Property size (Sq ft)

3,728 SF

Zone code

BI

Property type

Office buildings

APN

MEDF M:0048 B:0000 L:0056

APU

MEDFM0048B0000L0056

Description

This exceptional 750-square-foot office suite, located at 6 West Mill Street, suite 3, presents a fantastic opportunity for a single tenant. Situated on the second floor of a two-story building, this traditional office space boasts three private offices, perfect for individual work or small teams. A dedicated breakroom provides a comfortable space for employees to relax, while a private bathroom adds a touch of convenience and privacy. The open central area offers flexibility for various uses, such as a reception area, collaborative workspace, or additional office space. The monthly rent is $1,900, plus electricity. The building is conveniently located just off Route 27, offering easy access to major transportation routes and enhancing its appeal for businesses seeking a strategic location. This single-tenant occupancy ensures privacy and control over the entire space. The property is ideal for a variety of businesses seeking a well-appointed and conveniently located office space. The suite's layout is efficient and functional, maximizing space utilization. This is a rare opportunity to secure a well-maintained and conveniently located office suite in a desirable area. Don't miss out on this chance to establish your business in this prime location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $616,350

  6.5%

  $568,938

  7%

  $528,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $487,100

  Geo Method

  $487,100

• Alternative Use

  Use

  Valuation

  Residential

  $705,483

  Hospitality

  $646,219

  Educational

  $537,647

  Medical

  $556,137

  Retail

  $836,339

Location Insight

City

Medfield

County

Norfolk

State

Massachusetts

Latitude

42.1933

Longitude

-71.3236

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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