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Freestanding Two-Story Retail Space
For Lease
$25 SF/Yr

157 Central Street, Norwood, MA 02062

Corner-lot retail property with parking and proximity to commuter rail, Routes 1, and I-95.

Space SizeContact for details
Days on Market600

Property Features for 157 Central Street

General Information

Standard status Active
Total Parking Spaces 16

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Space Use retail, office, and professional services

Building Details

Year Built 1924
Stories 2
Listing Agency: Coldwell Banker Realty - Westwood
Listed By: George Vasvatekis · License #449513577
Source: Sredboston
Added: Jan 7, 2025 Changed: Aug 30 Last Checked: Jul 27 at 4:28AM

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 Coldwell Banker Realty - Westwood

Investment Insights

Based on property information with market context.

This freestanding retail property contains 6,258 square feet across two stories and was built in 1924. Its configuration supports retail, office, and professional-service occupancy, with zoning designated CB and MUOD.

The building occupies a corner lot at 157 Central St in Norwood, Massachusetts. Access to the Norwood Depot Commuter Rail station and Routes 1 and I-95 places the property within reach of regional transportation connections. Parking includes approximately 16 dedicated spaces, supplemented by on-street spaces and municipal parking across the street.

Key Highlights

  • 6,258‑square‑foot freestanding retail property
  • Two‑story building constructed in 1924
  • Approximately 16 dedicated parking spaces

Property Analytics

Current Use

Lustra Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Acupuncture Garden Center Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic 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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,565
Businesses Nearby

Demographics for 02062, MA

31,611
Population
13,961
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,011
Density / Sq Mi
$97,110
Median Household Income
$60,434
Median Earnings
$2,056
Median Rent
$613,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner-lot retail property with parking and proximity to commuter rail, Routes 1, and I-95.
Where is this retail space located?
The property is located at 157 Central Street Norwood, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 6,258‑square‑foot freestanding retail property; Two‑story building constructed in 1924; Approximately 16 dedicated parking spaces
More about this property
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