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    1131 Washington St Hanover, MA 02339

    For Lease
    $13 SF/Yr ($11,936 /Mo)

    Stand-alone retail building with signage and high traffic counts.

    Property size:
    11,018 SF
    Lot size:
    1.08 Acres

    Property Features for 1131 Washington St

    General Information

    Size
    11,018 SF
    Lot size
    1.08 Acres

    Source: Ellis Realty Advisors Agent Dave Ellis

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

    Overview

    Retail Building with High Visibility

    This stand-alone building offers 11,000 square feet of retail space. The property benefits from fantastic signage opportunities and high traffic counts on Route 53. Its location is just minutes from Hanover Crossing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Namco Pools Swimming Pool Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.84066
    Latitude
    42.1353794

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    FAQs

    What type of property is this?
    Retail space - Stand-alone retail building with signage and high traffic counts.
    Where is this retail space located?
    The property is located at 1131 Washington St Hanover, MA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 11,000 SF stand alone building; - High traffic counts on route 53; - Fantastic signage
    (781) 919-0800
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    1131 Washington St Hanover, MA 02339
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    Hanover, MA 02339
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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
    1131 Washington St Hanover, MA 02339
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