This offering presents a rare opportunity to acquire a 4-unit office condo portfolio located on highly visible Route 1 in Topsfield, MA. The property consists of approximately 2,516 square feet across four units, each ranging from 600–700 square feet.
The asset is currently generating stable in-place income with three occupied units and one vacant unit, while offering significant upside through rent increases and lease restructuring.
All existing tenants are Tenants At Will (TAW), providing flexibility for a new owner to reposition the asset and align rents with market levels.
Small-format office spaces in this size range remain in consistent demand from professional users, making this an ideal opportunity for investors seeking a low-complexity, value-add asset with strong leasing fundamentals. Cannot be used for retail or residential.
IDEAL TENANT PROFILE
Therapists / counselors
Attorneys / accountants
Mortgage / insurance professionals
Wellness users (massage, acupuncture)
Real estate / satellite offices
Small business operators
Internet Businesses
INVESTMENT SUMMARY
This is a straightforward, value-add office investment offering:
Stable in-place income
Immediate rental upside
Flexible lease structure (TAW)
Strong demand for small professional spaces
The property is well-positioned for an investor to increase NOI and drive value through active management and leasing strategy.