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Norwell Office Space For Rent
For Lease
$21 SF/Yr

306 Washington St, Norwell, MA 02061

Second floor office space with Route 53 visibility.

Space SizeContact for details
Property Size2,743 SF
Days on Market444

Property Features for 306 Washington St

General Information

Standard status Active
Size 2,743 SF

Taxes and HOA fees

Annual Taxes $19,204

Building Details

Year Built 1985
Listing Agency: Ellis Realty Advisors
Listed By: William Kingdon
Source: Corcoran
Added: May 21, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Ellis Realty Advisors

Investment Insights

Based on property information with market context.

Available for rent at 306 Washington Street in Norwell is a 1400-2743 square foot second-floor office space. The professional office building is conveniently located and offers outstanding visibility and pylon signage on Route 53. The available suite features five large offices, a conference room, cube space, a break area, and private bathrooms, as well as a large reception/waiting area. Common area access is provided to a kitchen/break room and multi-stall bathrooms. An ADA wheelchair lift provides accessibility. The space is suitable for a law firm, financial advisory practice, or other professional services providers, and it can be converted to medical use for the right long-term tenant. The space includes crown moldings and natural light. Ample parking is available.

Key Highlights

  • Highly visible location on Route 53 with pylon signage.
  • Flexible space suitable for various professional uses (law, finance, medical).
  • Suite includes five large offices, conference room, cube space, break area, private bathrooms, and reception/waiting area.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Storage Facility Veterinary Clinic

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

783
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 11% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second floor office space with Route 53 visibility.
Where is this office units located?
The property is located at 306 Washington St Norwell, MA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Highly visible location on Route 53 with pylon signage.; Flexible space suitable for various professional uses (law, finance, medical).; Suite includes five large offices, conference room, cube space, break area, private bathrooms, and reception/waiting area.
More about this property
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