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Multi-Tenant Office Suites on Route 53
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164 Washington St, Norwell, MA 02061

Leasing opportunities available in a well-maintained professional office building with first- and second-floor suite space.

Space SizeContact for details
Property Size2,879 SF
Days on Market1330

Property Features for 164 Washington St

General Information

Standard status Active
Size 2,879 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Flexible Term Yes

Amenities

Route 53 signage
natural light
conference room
reception area
private restrooms

Building Details

Construction colonial style
Tenancy Multi

Spaces For Lease

at 164 Washington St Contact us

164 Washington St $15/SF/Yr

Contact us
Listing Agency: Jay Nuss Realty Group, LLC
Listed By: Jay Nuss
Source: Moodyscre
Added: Dec 16, 2022 Changed: Jul 28 Last Checked: Aug 6 at 10:48AM

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.

Attractive, well-maintained, multi-tenanted colonial-style professional office building offering available office suites on both the first and second levels. Suites feature full office build-outs completed in June 2021 and are described as being in excellent condition, with office-intensive layouts. Available first-floor options include Ste 102 (1,450 SF) and Ste 103 (1,149 SF), each described as having efficient layouts, natural light, and full build-out as professional or standard office space. The second-floor suite, Ste 201 (3,760 SF), is described as mostly open with partitioned offices, a reception area, natural light, private restrooms, and includes one conference room.

The property includes signage and exposure on Route 53. Terms note that the listed rental rates may not include certain utilities, building services, and property expenses, and free rent is referenced with full fee paid to cooperating brokers.

Suites are configured for professional office use with natural light and turnkey interior improvements, including reception areas and conference and/or partitioned office space depending on the suite.

Key Highlights

  • 6,359 SF of office space available in a well‑maintained, multi‑tenanted colonial‑style building
  • Route 53 signage and exposure; leasing includes first level and second level suites
  • 1st Fl Ste 102: 1,450 SF office suite with full build‑out and office‑intensive layout (listed $22.00/SF/YR; negotiable)

Property 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
$2.25 /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

Market

Lease Benchmarks for Norwell, MA

$23.66 /SF/Yr
Avg Asking Price
$14–$45 /SF/Yr
Price Range
1,914 SF
Avg Space Size

This space is priced 37% below the average of $23.66 /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 - Leasing opportunities available in a well-maintained professional office building with first- and second-floor suite space.
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 $15 SF/Yr.
What are key features of this property?
This property features: 6,359 SF of office space available in a well‑maintained, multi‑tenanted colonial‑style building; Route 53 signage and exposure; leasing includes first level and second level suites; 1st Fl Ste 102: 1,450 SF office suite with full build‑out and office‑intensive layout (listed $22.00/SF/YR; negotiable)
(781) 910-6575 Call to check price and availability
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