Retail Space with
443 Nantasket Ave, Hull, MA 02045
For Sale
Contact for pricing
Street-facing retail space includes dedicated office areas and parking on-site.
Property Size1,350 SF
Price / SF$1.63
Days on Market97
Property Features for 443 Nantasket Ave
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty - Hingham
(781) 749-4300
Listed By:
Gail Hall
(617) 633-7253
Source:
Lockandkeyre
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 10 at 8:15AM
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 Coldwell Banker Realty - Hingham
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Investment Insights
Based on property information with market context.
This retail property provides approximately 1,350 square feet of commercial space, including two office areas within the layout. The building dates to 1925 and offers parking positioned alongside and behind the property, along with additional off-street parking.
443 Nantasket Ave benefits from reported traffic of approximately 3,500 cars passing daily, as well as pedestrian activity. Electrical service is handled separately by the tenant. Any renovations would require landlord approval and would be completed at the tenant’s cost.
443 Nantasket Ave benefits from reported traffic of approximately 3,500 cars passing daily, as well as pedestrian activity. Electrical service is handled separately by the tenant. Any renovations would require landlord approval and would be completed at the tenant’s cost.
Key Highlights
- Approximately 1,350 square feet of retail space
- Two office spaces included in the layout
- Approximately 3,500 cars pass by on Nantasket Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,181
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,620
$443.6K
Cap Rate 7%
$316,871
$316.9K
Cap Rate 9%
$246,456
$246.5K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$32.4K $24.00/SF
− Vacancy
−$713 −$0.53/SF
EGI
$31.7K $23.47/SF
− OpEx
−$9.5K −$7.04/SF
NOI
$22.2K $16.43/SF
Area
Plymouth County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,620
Cap Rate 7%
$316,871
Cap Rate 9%
$246,456
Alternative Uses
Best Use
Retail
$316.9K
$277.3K – $369.7K
NOI $22,181 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$799.2K
$699.3K – $932.4K
NOI $55,944 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
7,403 visits/mo
0.3 miles
Demographics for 02045, MA
10,072
Population
5,733
Households
1.8
Avg Household Size
54
Median Age
52%
College-Educated
97%
High-School Grad
2.7 sq mi
ZIP Area
3,730
Density / Sq Mi
$127,112
Median Household Income
$63,327
Median Earnings
$1,885
Median Rent
$606,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Plymouth County, MA
Properties on Market for Retail space in Plymouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Street-facing retail space includes dedicated office areas and parking on-site.
Where is this retail space located?
The property is located at 443 Nantasket Ave Hull, MA.
What are key features of this property?
This property features: Approximately 1,350 square feet of retail space; Two office spaces included in the layout; Approximately 3,500 cars pass by on Nantasket Avenue
