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4 Office Condos - 218 Boston Street
Topsfield, MA North Shore

$262,562 USD

Office For Sale  •  2,516 SF

4 Properties View all

Property Details

  • Property Type Office
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning Commercial
30 Walk Score

Highlights

4-unit office condo investment (~2,516 SF total)
Unit sizes: ~600–700 SF (high-demand small office footprint)
Route 1 location with strong visibility and access
Ample on-site parking
Private half baths in each unit
All tenants TAW (flexibility for repositioning)

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $21,005 USD (2026)
Cap Rate: 8.00 %
Total Expenses: $19,795 USD

Public Transportation

Commuter RailDriveWalkDistance
Hamilton/Wenham (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 12 min - 5.7 mi
North Beverly (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 13 min - 6.3 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 36 min - 21.9 mi
Portsmouth International at Pease 49 min - 35.5 mi
Manchester Boston Regional 71 min - 41.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Jim Armstrong 978-394-6736 Armstrong Field Group @ ALUXETY
Jim Armstrong 978-394-6736 Armstrong Field Group @ ALUXETY