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Property profile & analytics
FOR LEASE
Commercial real estate

185 Lincoln St 310A Hingham, MA 02043

20,226 SF 1.4 ac lot Built 1956
Entity Owned 2-yr Hold Free & Clear
Property ID
US38-1761391
Property summary
AI-generated overview

This exceptional 28,000 square foot office space is ideally situated on Route 3A in Hingham, Massachusetts, offering unparalleled convenience and visibility. Located within walking distance of downtown Hingham, this property boasts a prime location for businesses seeking high traffic exposure. The unit, currently configured as a three-room office, presents a flexible layout with the potential to be subdivided into four separate rooms, catering to diverse business needs. Recent renovations have enhanced the space with fresh paint, durable vinyl plank flooring, and energy-efficient LED lighting throughout. Common areas have also undergone a complete transformation, featuring updated bathrooms, fresh paint, new carpeting, and a modern electronic directory. Ample off-street parking is available for tenants and their clients. New tenants will benefit from prominent signage on their entry door, inclusion in the building directory, and exterior building signage, ensuring maximum visibility and brand recognition. The unit is equipped with central heating and air conditioning, and tenants are responsible for their own electricity usage. For businesses requiring a larger footprint, there is an option to combine Unit 300 with Units 310A and 310B, creating a substantial 23,520 square foot office space. This property sits on a 1.4-acre lot and is priced at $20 million.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Construction FRAME
Total area 20,226 SF
Lot 1.4 ac (60,984 SF)
APN HING M:37 B:0 L:27
UPID US38-1761391
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Patrice Carroll Foster Care Service Social Service Agency
  • Windsor Chem-Dry Carpet Cleaning Service Upholstery Cleaning Service
  • Healthcare of SE Mass Social Service Agency Charitable Organization
  • Mrs. Ann Sullivan Practitioner Service Location Community Health Centre
  • Kathryn Collins-Wooley, PHD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.75M
CAP Approach CAP
$3.01M
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$2.82M
Owner & transaction history
Crow Point Tic IV LLC · 2 yrs held
Crow Point Tic IV LLC
since 2023
Last sale
$3.5M
7 recorded transactions
2023
$3.5M
2023
$5.6M
2019
$4.5M
2001
Price N/A
1991
$125,000
1990
$1.0M
1990
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $4.6M +24.7%
Office building $4.6M +23.9%
Retail stores $4.2M +13.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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