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Mixed-Use Asset in Downtown Hamilton
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44 Bay Road, Hamilton, MA 01982

Mixed-use property with income and value-add potential in Hamilton.

Property Size3,672 SF
Days on Market76

Property Features for 44 Bay Road

General Information

Standard status Active
Size 3,672 SF
Property subtype Retail
Zoning Town Center - Depot Square Subdistrict

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Atlantic Retail Boston
Listed By: Matt Ericson · License #9571461
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: Aug 8 at 3:13PM

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 Atlantic Retail Boston

Investment Insights

Based on property information with market context.

Located in the heart of downtown Hamilton, Massachusetts, 44 Bay Road is a mixed-use asset totaling 3,672 square feet across two floors. The second floor is currently occupied by three month-to-month office tenants, providing immediate in-place income. The ground-floor retail space is vacant, offering the flexibility to select a tenant, establish storefront operations, or execute a repositioning strategy tailored to downtown Hamilton’s evolving commercial landscape. This combination of immediate cash flow and value-add optionality makes 44 Bay Road a compelling opportunity for both investors and owner-occupiers.

Key Highlights

  • Mixed‑use asset in the heart of downtown Hamilton, Massachusetts.
  • Immediate in‑place income from three month‑to‑month office tenants on the second floor.
  • Vacant ground‑floor retail space offers flexibility** for tenant selection, owner‑occupancy, or repositioning.

Property Analytics

Current Use

Connolly's Pharmacy Inc Pharmacy

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store HVAC Service Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 01982, MA

7,618
Population
2,892
Households
2.6
Avg Household Size
43
Median Age
69%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
536
Density / Sq Mi
$127,137
Median Household Income
$63,659
Median Earnings
$1,746
Median Rent
$688,500
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with income and value-add potential in Hamilton.
Where is this mixed-use property located?
The property is located at 44 Bay Road Hamilton, MA.
What are key features of this property?
This property features: Mixed‑use asset in the heart of downtown Hamilton, Massachusetts.; Immediate in‑place income from three month‑to‑month office tenants on the second floor.; Vacant ground‑floor retail space offers flexibility** for tenant selection, owner‑occupancy, or repositioning.
More about this property
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