This 1,470.5 sq. ft. Professional Office Condominium is conveniently directly across from the hospital (RRMC) for likely medical office use or other professional services business. Asking Price was just reduced by $20,000 to $205,000, yielding a 9.65% Cap Rate! Offered subject to a Lease through 14 Oct 2027, on a Triple Net basis. (However, Tenant is willing to move earlier for Buyer's business or a replacement tenant, as they have outgrown this 8-room space they otherwise love!) Base Rent for the year starting 15 Oct 2027 is $1,720.00/mo., or $14.00/sf, NNN. Net Expenses, paid monthly by Tenant as "Additional Rent" is about $1,400.00/mo., or $11.75/sf, plus tenant pays direct to vendors: electric, WiFi, Tenant's Insurance and interior cleaning. Ample parking at your door is a big plus!...as is an attractive vegetation-enclosed lunch-break table in fair weather. The Commons Office Condo complex is one of the most desireable in the City, and tends to command well above avg office lease rates and sale prices. See Sellers Property Info Report for 12-pg Q&A on systems serving Unit C-5.

Listing Tools

Property Details of 5 Commons Street

Property Details

Interior Features

Exterior Features

Map Location

Broker Reciprocity 

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 1, 2026 11:45 PM UTC

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Better Homes and Gardens Real Estate The Masiello Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.