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    157 Central St Norwood, MA 02062

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    For Lease
    $25 SF/Yr ($13,037 /Mo)

    Two-story building in downtown Norwood with ample parking.

    Property size:
    6,258 SF
    Lot size:
    6,258 SF

    Property Features for 157 Central St

    General Information

    Standard status
    Active
    Size
    6,258 SF

    Building Details

    Year built
    1924

    Source: Coldwell Banker Realty - Westwood Agent Michael Viano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norwood Two-Story Building For Rent

    This two-story building is located in downtown Norwood on a corner lot. It offers high visibility and ample parking, with approximately 16 dedicated parking spaces, additional on-street spaces, and municipal parking available across the street. The property is suitable for retail, office, and professional services. Its location provides close proximity to the Norwood Depot Commuter Rail and Routes 1 and I-95. The property size is 6258 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lustra Cleaners Dry Cleaner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1992316
    Latitude
    42.1946795

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    FAQs

    What type of property is this?
    Office building - Two-story building in downtown Norwood with ample parking.
    Where is this office building located?
    The property is located at 157 Central St Norwood, MA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Norwood location on a corner lot.; - Free-standing two-story building with great visibility.; - Ample parking: approximately 16 dedicated spaces plus on-street and municipal options.
    (781) 320-0550
    Request Owner's contact information
    157 Central St Norwood, MA 02062
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    Norwood, MA 02062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    157 Central St Norwood, MA 02062
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