Active
2 Days on market
58 Main Street Topsfield — Photo 1 of 37

58 Main Street Topsfield — Photo 1 of 37

$1,095,000

Investment Analysis — 58 Main Street

Topsfield, MA 01983

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01983 carries an estimated $2,040/mo in gross rent — about a 0.39% cap rate and $4,281/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

5,419

Style

Other

Built

1900

Exceptional opportunity to own two attached condominiums, comprised of 17 total office spaces. This commercial investment in the heart of downtown Topsfield is set on high-visibility Main Street in one of the North Shore's most affluent, low-vacancy communities. This approximately 5,419 square foot office property offers stable in-place income with substantial room to grow. The property is approximately 85% occupied by a diversified, professional tenant base, including psychology, legal, technology, wellness, and personal-service businesses, many of them long-term. All tenancies are at-will, giving a new owner rare flexibility to reposition the rent roll and move rents to market on a short timeline. Herein lies the upside: rents have not been increased in years and sit well below market, and threeunits are available now, one of which can be reconfigured into three separate offices to maximize income. With light management and a proactive leasing strategy, an investor can meaningfully lift NOI. Detailed rent roll and stabilized pro forma available upon request. Ideal for a value-add investor, owner-user seeking to occupy while collecting income, or a 1031 exchange buyer looking for a well-located North Shore asset with a clear path to appreciation. Strong pedestrian access, established foot traffic, and durable demand for small professional suites round out a compelling offering. Don't miss this opportunity to acquire a landmark Main Street property with immediate income and long-term growth

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,095,000
Annual Taxes$14,324

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningBV

Property & Lot

Acres0.34
SqFt Lot14,990
Lot Features--

Geography

Property History

Listed
$1,095,000

Sep 18, 2026

MLS® 73579479

Expired
$400

Nov 30, 2024

MLS® 73184030

Expired
$1,795

Nov 30, 2024

MLS® 73184032

Listed
$400

Nov 30, 2023

MLS® 73184030

Listed
$1,795

Nov 30, 2023

MLS® 73184032

Expired
$22

Sep 1, 2005

MLS® 70171459

Listed
$22

Apr 11, 2005

MLS® 70171459

Listing Provided By

Listing Agent: Tristan Horan

Listing Office: RE/MAX Bentley's

MLS® Number: 73579479