Former Dry Cleaning
For Sale
$310,000
345 Nahatan Street, Norwood, MA 02062
Former dry cleaning space with remaining on-site equipment, private water and public sewer, and recent interior updates.
Property Size3,441 SF
Price / SF$90.09
Days on Market731
Property Features for 345 Nahatan Street
General Information
Standard status
Active
Size
3,441 SF
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,786
Building Details
Year Built
1920
Listing Agency:
Legacy Realty Advisors LLC
(617) 834-3230
Listed By:
Renee Bennett
Source:
Bostonluxurysuburbs
Added: Aug 20, 2024
Changed: Aug 14
Last Checked: Aug 20 at 11:51AM
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 Legacy Realty Advisors LLC
Investment Insights
Based on property information with market context.
This property is a former dry cleaning facility offering approximately 3,441 SF. The building includes private water service and public sewer, and it has benefited from recent improvements such as updated hardwood flooring, boiler parts replaced and serviced within the past year, new bathroom fixtures (sink and toilet), and new windows valued at approximately $3,000. While the prior dry cleaning operation is no longer actively operating, the on-site dry-cleaning equipment remains.
Located in downtown Norwood, the site provides convenient street parking and strong highway access. Public transportation is also described as nearby, supporting a variety of tenant or user needs.
The existing layout and retained equipment may appeal to an owner-user considering a restart or relocation of dry cleaning operations, or to a buyer focused on capturing equipment value. It also provides a clean, flexible foundation for re-tenanting, repositioning, or converting the space for other permitted uses, subject to local permitting and due diligence. All prospective buyers should verify property condition, including equipment functionality, and confirm utilities/services and zoning requirements.
Located in downtown Norwood, the site provides convenient street parking and strong highway access. Public transportation is also described as nearby, supporting a variety of tenant or user needs.
The existing layout and retained equipment may appeal to an owner-user considering a restart or relocation of dry cleaning operations, or to a buyer focused on capturing equipment value. It also provides a clean, flexible foundation for re-tenanting, repositioning, or converting the space for other permitted uses, subject to local permitting and due diligence. All prospective buyers should verify property condition, including equipment functionality, and confirm utilities/services and zoning requirements.
Key Highlights
- Former dry cleaning facility with approx. 3,441 SF in downtown Norwood
- Private water and public sewer services
- Recent interior updates include updated hardwood flooring and new windows (approx. $3,000 value)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
6,825 visits/mo
0.3 miles
Santander Bank
Shops & Services
4,372 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Former dry cleaning space with remaining on-site equipment, private water and public sewer, and recent interior updates.
Where is this storefront property located?
The property is located at 345 Nahatan Street Norwood, MA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Former dry cleaning facility with approx. 3,441 SF in downtown Norwood; Private water and public sewer services; Recent interior updates include updated hardwood flooring and new windows (approx. $3,000 value)
