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2 South St 9,633 SF 63% Leased Office Building Grafton, MA 01519 $1,699,900 ($176.47/SF) 3.11% Cap Rate
EXECUTIVE SUMMARY
Iconic 2 South Street in the heart of Grafton, Massachusetts, is a magnificent Victorian building located in the Neighborhood Business District. It’s currently being utilized as individual office spaces, blending historic charm with functionality. The front entrance welcomes visitors with glorious custom woodwork, leading into a spacious foyer with a built-in reception area, a custom fireplace, and stunning wooden beams in the ceiling. The first floor features five potential office suites, one of which is currently used as a flexible conference space and another as a communal game room. Additionally, there’s a common kitchen and bathroom. Ascend the elegant staircase to the second floor, where four more suites await, each exuding individual charm, along with two bathrooms and a waiting area. The third floor offers three additional suites. The heating and air conditioning systems have been updated for comfort. An additional 1,800-square-foot dwelling awaits, offering endless potential!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,633 SF
Building Class
C
Year Built
1886
Price
$1,699,900
Price Per SF
$176.47
Cap Rate
3.11%
NOI
$52,800
Percent Leased
63%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,853 SF
Slab To Slab
9’
Building FAR
0.32
Lot Size
0.69 AC
Zoning
R4, Grafton - Residential
Parking
20 Spaces (0 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Property Manager on Site
- Security System
- Reception
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 500 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 7
- 500 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 8
- 600 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 8a
- 1,200 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 500 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1 | 800 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 7 | 500 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 8 | 600 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 8a | 1,200 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1
| Size |
| 800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 7
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 8
| Size |
| 600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 8a
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 1
| Size | 800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | GRAF-000074-000000-000160 | Improvements Assessment | $1,155,300 |
| Land Assessment | $219,300 | Total Assessment | $1,374,600 |
PROPERTY TAXES
Parcel Number
GRAF-000074-000000-000160
Land Assessment
$219,300
Improvements Assessment
$1,155,300
Total Assessment
$1,374,600
1 of 45
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
BKMA LLC
2 South St
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