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164 Washington St, Norwell, MA 02061

Multi-tenant office building offers fully built-out first- and second-floor suites with natural light and private restrooms.

Space Size1,149 SF
Days on Market1389

Property Features for 164 Washington St

General Information

Standard status Active
Size 1,149 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Flexible Term Yes

Amenities

Route 53 signage and exposure
Professional tenant mix
Natural light
Reception Area
Conference Room
Private Restrooms

Building Details

Construction colonial style
Tenancy Multi

Spaces For Lease

at 164 Washington St
164 Washington St $22/SF/Yr
Floor 1
Size 1,149 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- 6,359 SF of Office Space Available - Attractive and well-maintained multi-tenanted colonial style professional office building with signage and exposure on Route 53 - Free Rent Available – Full Fee Paid to Cooperating Brokers - First Level and Second Level Space - 1st Fl, Ste 102 - 1,450 SF - Negotiable - $22.00 /SF/YR - Office - Full Build-Out - Jun 2021 - Prime first level space built-out for an oral surgeon’s practice. - Listed rate may not include certain utilities, building services and property expenses - Office intensive layout - Route 53 signage and exposure - Fully Built Out as Professional Services Office - Space is in Excellent Condition - Professional tenant mix - 1st Fl, Ste 103 - 1,149 SF - Negotiable - $22.00 /SF/YR - Office - Full Build-Out - Jun 2021 - Prime first level corner office space built-out for a professional services firm. - Listed rate may not include certain utilities, building services and property expenses Office intensive layout - Natural light - Fully Built Out as Standard Office - Space is in Excellent Condition - Efficient floor plan - 2nd Fl, Ste 201 - 3,760 SF - Negotiable - $15.00 /SF/YR - Office - Full Build-Out - Jun 2021 - Floor plan currently utilized by an engineering firm. - Listed rate may not include certain utilities, building services and property expenses Mostly Open Floor Plan Layout - 1 Conference Room - Reception Area - Natural Light - Fully Built Out as Standard Office - Partitioned Offices - Space is in Excellent Condition - Private Restrooms - Very efficient layout
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Listing Agency: Jay Nuss Realty Group, LLC
Listed By: Jay Nuss
Source: Moodyscre
Added: Dec 16, 2022 Changed: Sep 9 Last Checked: Oct 4 at 12:26PM

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.

A well-maintained, multi-tenanted, colonial-style professional office building offering multiple office suites with full build-out and an office-intensive layout. Suites include first-level options featuring efficient, professional services configurations, natural light, and fully built-out standard office improvements. A second-level suite is also available with a mostly open floor plan, including a reception area, conference room, partitioned offices, and private restrooms. Several spaces are described as being in excellent condition and were built out in June 2021.

The property is located at 164 Washington St in Norwell, MA, with signage and exposure on Route 53.

Lease terms are listed as negotiable. Free rent is available, and the listing indicates the full fee is paid to cooperating brokers. The posted rates are also noted as potentially not including certain utilities, building services, and property expenses. One second-level floor plan is currently utilized by an engineering firm.

Key Highlights

  • 6,359 SF of available multi‑tenant office space in a well‑maintained colonial‑style building with Route 53 signage/exposure
  • First‑floor suites available: Ste 102 (1,450 SF) and Ste 103 (1,149 SF), both fully built out with office‑intensive layouts and natural light
  • Second‑floor suite available: Ste 201 (3,760 SF) with full build‑out, mostly open layout, and includes a conference room and reception area

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

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

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,080
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norwell, MA

$23.63 /SF/Yr
Avg Asking Price
$14–$45 /SF/Yr
Price Range
2,533 SF
Avg Space Size

This space is priced 7% below the average of $23.63 /SF/Yr.

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?
Office units - Multi-tenant office building offers fully built-out first- and second-floor suites with natural light and private restrooms.
Where is this office units located?
The property is located at 164 Washington St Norwell, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 6,359 SF of available multi‑tenant office space in a well‑maintained colonial‑style building with Route 53 signage/exposure; First‑floor suites available: Ste 102 (1,450 SF) and Ste 103 (1,149 SF), both fully built out with office‑intensive layouts and natural light; Second‑floor suite available: Ste 201 (3,760 SF) with full build‑out, mostly open layout, and includes a conference room and reception area
(781) 910-6575 Call to check price and availability
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