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1645 Falmouth Rd
Centerville, MA 02632

$299,000 - $995,000 USD

Medical Condos For Sale  •  1,592+ SF

Property Details

  • Property Type Medical
  • Total Building Size 20,780 SF
  • Lot Size 1.81 AC
  • Building Class B
  • Year Built 1983
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning RC
26 Transit Score
56 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 4B Medical Office 1,592 SF $299,000 USD
  • Unit Size: 1,592 SF
  • Condo Use: Medical Office
  • Price: $299,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $187.81 USD
Description
Introducing Private Dental Office in Centerville Business Complex! This commercial condo unit, a merging of units 1B & 1E located at 1645 Falmouth Rd, Unit 4B, Centerville, MA, offers an excellent investment opportunity in a prime location. Spanning approximately 1,592 sq. ft., this unit features a modern design perfect for any dental practice. Built in 1983, this property boasts a well-maintained interior with 1 bathroom and 8 total rooms, ideal for a dental office setup. The condo includes electric baseboard heating and convenient carpet flooring. Monthly condo fees are $639, and 2019 RE tax was $1,985. The offering price is set at $299,000, making it a valuable asset for investment or business expansion. Don't miss the chance to own this strategically located dental office in the bustling Centerville area. Contact us today to explore this excellent investment opportunity!
1st Floor - Unit D178 Medical Office 3,434 SF $995,000 USD
  • Unit Size: 3,434 SF
  • Condo Use: Medical Office
  • Price: $995,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $289.75 USD
Description
This 3-unit dental office condominium in Centerville, MA, represents a prime investment opportunity. Located in the highly visible
and accessible Bayberry Square Office Condominiums, the property offers approximately 3,404 sq. ft. of space across Units 1D,
7D, and 8D. The tenant is an established dental practice with a long-term presence, under a 15-year Absolute Triple Net (NNN)
lease with about 10 years remaining. The current annual rent is $66,115, with a 2.5% yearly rental increase, making it a stable
investment with a 6.5% cap rate.
Priced at $995,000, this property is ideal for investors seeking a steady return with minimal management responsibilities.

Sale Notes
This 3-unit dental office condominium in Centerville, MA, represents a prime investment opportunity. Located in the highly visible
and accessible Bayberry Square Office Condominiums, the property offers approximately 3,404 sq. ft. of space across Units 1D,
7D, and 8D. The tenant is an established dental practice with a long-term presence, under a 15-year Absolute Triple Net (NNN)
lease with about 10 years remaining. The current annual rent is $66,115, with a 2.5% yearly rental increase, making it a stable
investment with a 6.5% cap rate.
Priced at $995,000, this property is ideal for investors seeking a steady return with minimal management responsibilities.

Description 

Nestled within the thriving Centerville Business Complex, the professional office condominium at 1645 Falmouth Road Unit 9D offers an exceptional opportunity for businesses seeking a strategic and efficient workspace. Priced at a competitive $59,000 for purchase or $575 per month for lease, this 500 square foot unit presents a cost-effective investment in a bustling commercial area.

Built in 1983, this condominium boasts a functional design with two rooms that are perfect for private offices or collaborative workspaces. The interior features durable carpeted floors and drywall, providing a professional and welcoming environment for clients and employees alike. The electric baseboard heating ensures comfort throughout the year, making it an ideal setting for productivity.

Strategically located, the property benefits from split zoning (RC, HO, HB), accommodating a variety of business uses and offering flexibility for future growth or changes in business needs. The shared bathrooms and modest interior amenities reflect a practical approach to office design, ensuring low maintenance and operational costs.

One of the standout features of this property is its affordability. With a total assessment value of $61,700, this office condominium represents a sound financial decision for startups, small businesses, or those looking to expand their presence in the Centerville area without the hefty price tag of larger commercial properties.

Whether you’re purchasing or leasing, 1645 Falmouth Road Unit 9D stands out as a prime location that balances affordability with functionality, all within a vibrant business community. Secure your professional space today and elevate your business operations in this ideally situated and well-appointed office condominium.

Property Flyers

Financial Summary

Cap Rate: 6.50 %
Total Expenses: $0 USD

Amenities

  • Fully Carpeted
  • Partitioned Offices
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Hyannis (CapeFLYER - Cape Cod Regional Transit Authority) 7 min - 3.8 mi
AirportDriveWalkDistance
Martha's Vineyard 98 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Kevin Pepe 508-962-5022 Commercial Realty Advisors, Inc.
Kevin Pepe 508-962-5022 Commercial Realty Advisors, Inc.