Norwell Retail and Office
For Lease
$23 SF/Yr NNN (Triple Net)
124 Washington St, Norwell, MA 02061
Retail and office spaces available for lease in Norwell.
Space SizeContact for details
Days on Market250
Property Features for 124 Washington St
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,053
Amenities
Asphalt/Composition Shingles Roof
Building Details
Year Built
1979
Listing Agency:
Unicorn Realty
(781) 659-2255
Listed By:
Matthew Curran
Source:
Corcoran
Added: Dec 5, 2025
Changed: Aug 9
Last Checked: Apr 5 at 11:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unicorn Realty
Investment Insights
Based on property information with market context.
Available for lease are a first-floor retail space and a second-floor office space located on Route 53 in Norwell. The first-floor retail unit offers 1,600 square feet. The second-floor office space is 545 square feet and available for $1,300 per month. The listed price of $23 does not include property expenses, as this is a triple net leased property. The retail space is located next to a hair salon, coffee shop, and a long-term restaurant tenant. Open parking is available on-site.
Key Highlights
- High‑traffic location on Route 53 in Norwell.
- Vacant 1,600 sq ft first‑floor retail space available.**
- Existing co‑tenants include a hair salon, coffee shop, and long‑term restaurant.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 02061, MA
11,351
Population
3,739
Households
3
Avg Household Size
42
Median Age
65%
College-Educated
98%
High-School Grad
20.9 sq mi
ZIP Area
543
Density / Sq Mi
$182,637
Median Household Income
$82,358
Median Earnings
$2,181
Median Rent
$799,600
Median Home Value
Market
Lease Benchmarks for Norwell, MA
$29.5 /SF/Yr
Avg Asking Price
$23–$45 /SF/Yr
Price Range
2,225 SF
Avg Space Size
This space is priced 22% below the average of $29.5 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and office spaces available for lease in Norwell.
Where is this retail space located?
The property is located at 124 Washington St Norwell, MA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Route 53 in Norwell.; Vacant 1,600 sq ft first‑floor retail space available.**; Existing co‑tenants include a hair salon, coffee shop, and long‑term restaurant.
