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First-Floor Retail with Second-Floor Offices
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124 Washington St, Norwell, MA 02061

Vacant first-floor retail and available second-floor office space above, with open on-site parking on Route 53.

Property Size2,145 SF
Price / SF$0.01
Days on Market259

Property Features for 124 Washington St

General Information

Standard status Active
Size 2,145 SF
Property subtype Commercial
Zoning Commercial
Lease Type NNN

Taxes and HOA fees

Annual Taxes $12,053

Building Details

Building Size 2,145 SF
Year Built 1979
Listing Agency: Coldwell Banker Realty - Marblehead
Listed By: Chris Bernier
Source: Churchillprop
Added: Dec 4, 2025 Changed: Aug 19 Last Checked: Aug 20 at 4:20AM

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 Coldwell Banker Realty - Marblehead

Investment Insights

Based on property information with market context.

This property offers two leasing options within the same building: a vacant first-floor retail space and a second-floor office suite. The first-floor unit is ready for a new tenant, while the second level is currently available as office space. The premises are described as improved with paved on-site parking for tenant and customer access.

Located on Route 53 in Norwell, the first-floor space would be positioned alongside established neighboring businesses, including a hair salon, a coffee shop, and a long-term restaurant tenant. The building provides open, on-site parking to support convenient arrival for both retail customers and office users.

For tenants seeking storefront presence, the available first-floor retail suite offers an opportunity to join an active mix of local service and dining uses. For office users or smaller teams, the available second-floor suite provides dedicated office space within the same commercial property. Please note the property is offered as triple net leased, and the listed price does not include property expenses.

Key Highlights

  • 1979‑built mixed‑use property on Route 53 in Norwell with 1,600 SF vacant first‑floor retail space
  • Second‑floor office space available: 545 SF currently leased at $1,300/month
  • First‑floor unit is vacant and ready to join neighboring Hair Salon, coffee shop, and long‑term restaurant tenants

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant first-floor retail and available second-floor office space above, with open on-site parking on Route 53.
Where is this storefront property located?
The property is located at 124 Washington St Norwell, MA.
What are key features of this property?
This property features: 1979‑built mixed‑use property on Route 53 in Norwell with 1,600 SF vacant first‑floor retail space; Second‑floor office space available: 545 SF currently leased at $1,300/month; First‑floor unit is vacant and ready to join neighboring Hair Salon, coffee shop, and long‑term restaurant tenants
More about this property
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