830 Main St

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830 Main St

Melrose, MA 02176
Asking Price
$899K
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Medical office asset measuring 2,058 square feet total.
  • Asking price for the property is $899,000.
  • Located on Main Street in Melrose, Massachusetts.
  • Flexible layout designed specifically for medical use cases.
  • Positioned within an active suburban market near Boston.

What's Special

Priced at $899,000, this 2,058 square foot medical office property provides a functional workspace in the city of Melrose. Situated in a suburban market north of Boston, the location benefits from strong regional connectivity and accessibility to major transit corridors. The layout is well-suited for professional medical practitioners, private health clinics, or specialized therapy practices looking for a stable footprint within a well-established community. Local demographics and the proximity to the Greater Boston metro area create a consistent demand for health-related services in the immediate vicinity. Business owners and investors can leverage the existing configuration for immediate occupation or long-term portfolio growth. The asset remains positioned to serve both the local population and regional patients moving through this commercial corridor.

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NOI
$80,000
Cap Rate
8.90%
DSCR
1.50
Strong
Cash-on-Cash
9.87%
Monthly Payment
$4,447.761
Annual Cash Flow
$26,626.862

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