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Renovated Office/Retail Space Available

175 Walpole Street, Norwood, MA 02062

For Lease
$2,000/Mo Modified Gross

Renovated 1,298 SF office/retail space in high-traffic Norwood location.

Space SizeContact for details
Days on Market397

Property Features for 175 Walpole Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,008

Amenities

Asphalt/Composition Shingles Roof

Building Details

Year Built 1891
Listing Agency: Gaia Realty & Advisors, LLC
Listed By: Team Uranus
Source: Corcoran
Added: Oct 9, 2025 Changed: Aug 8 Last Checked: Apr 5 at 11:28PM

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 Gaia Realty & Advisors, LLC

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Investment Insights

Based on property information with market context.

This is a fully renovated 1,298 SF lower-level office/retail space situated on Walpole Street in Norwood, a high-traffic Route 1A location. The space features new luxury vinyl plank flooring, fresh paint, an updated HVAC system, a modern bathroom with new fixtures, and LED lighting throughout. The open floor plan, supported by columns, allows for flexible configuration. Pylon signage is available for increased visibility. The property is located in an LB (Limited Business) zoning district, making it suitable for office, retail, or service-oriented businesses. Ample on-site parking is provided. The property is connected to town water and sewer. Its location offers convenient access to Norwood Center, Norwood Hospital, and the Norwood Central Commuter Rail station. Route 1 and I-95 are easily accessible. The lease is a modified gross lease where the tenant is responsible for heat, electric, and interior maintenance of the space.

Key Highlights

  • Prime location on high‑traffic Route 1A with exceptional visibility and pylon signage opportunity.
  • Fully renovated 1,298 SF space with new flooring, paint, HVAC, modern bathroom, and LED lighting.
  • Flexible open floor plan suitable for office, retail, or service‑oriented businesses.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Schoolhouse Counseling Center Medical Clinic Nancy Clemens REALTOR Real Estate Agency Marty Sullivan Century ... Real Estate Agency Century 21 North ... Real Estate Agency Katie Blair | Century ... Real Estate Agency

Suggested Use

Top Pick Locksmith Acupuncture (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Hotel & Motel Travel Agency

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,474
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norwood, MA

$16.53 /SF/Yr
Avg Asking Price
$8–$25.71 /SF/Yr
Price Range
6,185 SF
Avg Space Size

This space is priced 12% above the average of $16.53 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Norwood, MA

$17.85 Jul
$19.55 Aug
$16.53 Sep
$16.53 Oct

Properties on Market for Office Units in Norwood

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Renovated 1,298 SF office/retail space in high-traffic Norwood location.
Where is this office unit located?
The property is located at 175 Walpole Street Norwood, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Prime location on high‑traffic Route 1A with exceptional visibility and pylon signage opportunity.; Fully renovated 1,298 SF space with new flooring, paint, HVAC, modern bathroom, and LED lighting.; Flexible open floor plan suitable for office, retail, or service‑oriented businesses.
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