Rehoboth Office Space

If you are looking for a historic suburban community for your business, then Rehoboth, Massachusetts, is a town worth considering. It is located about 50 miles south of Boston and 11 miles east of Providence, Rhode Island, which makes it a great middle point for your office to be located. Boston is a growing city, so the suburbs around the city are likely to be experiencing this same growth, which makes this town of 12,000 residents an ideal location to explore.

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Neighborhoods in the Area

One of the most important things to decide when you are looking for a new space for your office is which neighborhood in the town is going to be the most lucrative for your business. In this area, there are two unique neighborhoods to choose from, which are:

• Perryville / North Rehoboth
• Town Center

Both are neighborhoods in town that are full of professionals, which means that whether you are looking for a sales member or a manager, you will have a workforce in the neighborhood that you can choose from.

Leasing Space for an Office

When you decide to lease commercial space for your office, there are quite a few benefits that you are going to be able to enjoy. Leasing is not always the best option, but it is a great option for a small company or a startup that needs an office. Some of the top benefits are:

• Small initial Investment – If you decide to lease space, the amount of money that you are going to put into the property is quite small when compared to what you put into a property that you purchase.
• Easy to Move – When you lease property, you only agree to a short-term commitment, which means that when you feel that you have outgrown the space, you can easily move into a larger one.
• Maintenance is Covered – One of the benefits of leasing space for your office is that the owner will be the one to take care of the repairs and any upgrades that are needed on the property, which leaves you free time to deal with your business as you see fit.
• Tax Deductible – When you make payments on the lease, the payments will be tax deductible.

Buying Space for an Office

Purchasing space for your office is also another option that you will want to consider. This is ideal for a large office, but it also works well for smaller businesses that are just starting out. Some of the benefits of owning commercial property are:

• Build Equity – When you own property, you build equity on that property. This can be used as collateral when you need to take out a loan, which can be quite useful when you are ready to update the property. Since you own the building, you will be able to decide the upgrades that are done and the changes that you make to the building as long as it is within the local ordinances.
• Additional Income – Since you own the space, you will want to consider how much of the property you actually need for your business. If there is a lot of unused space, consider renting it out to a local business that needs space for their office. This additional income will help you keep up with the mortgage, the repairs, and other maintenance needs that come up.

Listing Office Space

Do you feel like you are outgrowing your office? If so, then it is time to move into a larger space that can accommodate your business needs and all of the employees that you have hired to work on your team. As you go through the process of finding new space, you are going to have to decide whether you are going to lease the property to another business in the area that needs office space and keep collecting the monthly income or sell the property altogether so that you can use the profit that you earn to purchase a new space for your office.

If you are having a hard time deciding, then contact a professional real estate agent at Boston City Properties at 617-247-1933; we know the area, and we can help you list your property so that it is beneficial for you. Call today so that we can help you close the deal.

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