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    117 Central St Norwood, MA 02062

    For Lease
    $2,550 /Mo

    Office space in high-visibility building with established businesses.

    Lot size:
    0.13 Acres

    Property Features for 117 Central St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    2000

    Source: Century 21 North East Agent SRG Properties Group

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

    Overview

    Downtown Office Space Available

    Located next door to the Norwood Theater, this office space benefits from a downtown location with consistent foot and vehicle traffic. The property is home to multiple established businesses, including a dentist, real estate office, insurance office, home health care, and pizza shop. The unit features four private offices, two of which overlook the downtown green and gazebo. Additional features include an in-unit alarm system, low-maintenance setup, multiple building entrances, handicapped access, elevators, and ample public parking surrounding the building. A spacious basement storage room is also included. The property also features well-maintained common hall bathrooms. It is ideal for any business needing both private and public accessibility and is ready for immediate occupancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    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
    -71.1997282
    Latitude
    42.1941097

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    FAQs

    What type of property is this?
    Office space - Office space in high-visibility building with established businesses.
    Where is this office space located?
    The property is located at 117 Central St Norwood, MA.
    What are key features of this property?
    This property features: - Prime downtown location next to the Norwood Theater with high visibility and traffic.; - Multiple established businesses already in place (dentist, real estate, insurance, etc.).; - Four private offices, two with **views of the downtown green and gazebo**.
    (781) 789-2748
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    117 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
    117 Central St Norwood, MA 02062
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