Norwell Office Suite For
80 Washington St #D21 Norwell, MA 02061
80 Washington St #D21, Norwell, MA, 02061
$285,000
For Sale
$285,000
Efficient 675 SF office suite in Norwell professional building.
Property Size675 SF
Price / SF$422.22
Days on Market90
Property Features for 80 Washington St #D21
General Information
- Standard status
- Active
- Size
- 675 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agency
Jay Nuss Realty Group, LLC
(781) 910-6575
Listed by
Jay Nuss
(781) 910-6575
Source
Liongatere
Added: Apr 25 Updated: Jul 6 at 2:03PM Checked: Jul 23 at 6:28AM
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 Jay Nuss Realty Group, LLC
Investment Insights
Based on property information with market context.
This 675 square foot office suite is located in a professional building in Norwell. The suite, designated as Unit D21, features three private offices. The layout is designed to be flexible and offers natural light. The location provides convenient access to Route 53 and is near restaurants, retail options, and major commuter routes. The suite is suitable for therapists, consultants, small firms, or other businesses seeking a workspace in a South Shore location.
Key Highlights
- Turnkey 675 SF office suite in a desirable Norwell professional building.
- Three well‑proportioned private offices ideal for teams seeking a quiet, productive environment.
- Flexible layout and natural light.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.7k | $33.60 |
| − Vacancy | −$3.9k | −$5.71 |
| EGI | $18.8k | $27.89 |
| − OpEx | −$4.7k | −$6.97 |
| NOI | $14.1k | $20.92 |
675 SF · lease $33.60/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$201.7K
$176.5K – $235.3K
NOI $14,118 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Efficient 675 SF office suite in Norwell professional building.
Where is this office units located?
The property is located at 80 Washington St #D21 Norwell, MA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Turnkey 675 SF office suite in a desirable Norwell professional building.; Three well‑proportioned private offices ideal for teams seeking a quiet, productive environment.; Flexible layout and natural light.
