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    159 Washington St Norwell, MA 02061

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    For Sale
    $875,000

    Fully leased investment property on Route 53 in Norwell.

    Property size:
    2,546 SF
    Lot size:
    0.69 Acres

    Property Features for 159 Washington St

    General Information

    Size
    2,546 SF
    Lot size
    0.69 Acres

    Source: Unicorn Realty Agent Matt Curran

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

    Overview

    Norwell Office Building For Sale

    This is a fully leased investment property for sale. The professional retail property with offices is located on Route 53 in Norwell. The historic building has undergone several recent improvements, including a new roof, full exterior paint, landscaping, a new boiler, and a new 14 KW Generac generator. For many years, the property was a Tile and Kitchen design center. The property has additional exterior space on the lot for possible expansion. It features excellent visibility and access, along with ample private parking. Tenants are responsible for all utilities. The building includes plenty of storage and individual offices upstairs, as well as a 950-square-foot unfinished basement.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8753107
    Latitude
    42.1691965

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    FAQs

    What type of property is this?
    Office building - Fully leased investment property on Route 53 in Norwell.
    Where is this office building located?
    The property is located at 159 Washington St Norwell, MA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Fully leased investment property; - Recent improvements including new roof, exterior paint, landscaping, new boiler, and new generator; - Excellent visibility and access on Route 53
    (617) 686-2181
    Request Owner's contact information
    159 Washington St Norwell, MA 02061
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    Norwell, MA 02061
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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
    159 Washington St Norwell, MA 02061
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