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Four-Office Second-Floor Office Unit
New
For Lease
$1,600/Mo CAM $300 /USD/MO

51 Mill St. # 7, Hanover, MA 02339

Freshly painted office unit with a reception area, private bathroom, attic storage, and on-site parking.

Space Size1,000 SF
Days on Market6

Property Features for 51 Mill St. # 7

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor 2
Space Use Office
Private Offices 4

Lease Terms

Lease Rate $1,600 /USD/MO
Monthly Rent $1,600
Rent per SF/Year $19.20
CAM $300 /USD/MO

Additional Details

Highway Access Yes

Amenities

reception/waiting room
private bathroom
attic storage
parking
exterior maintenance
landscaping
snow removal

Building Details

Building Size 1,000 SF
Year Built 1997
Listing Agency: William Raveis R.E. & Home Services
Listed By: Roe Sheppard
Source: Allisonmazer
Added: Sep 8 Changed: Sep 10 Last Checked: Sep 12 at 10:19AM

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 William Raveis R.E. & Home Services

Investment Insights

Based on property information with market context.

This 1,000-square-foot second-floor office condo at 51 Mill St. #7 offers four separate offices within a practical professional workspace. The unit includes a generous reception and waiting area, a private bathroom, and attic storage. Fresh paint provides a clean starting point for occupancy by one company or a shared professional practice.

Built in 1997, the property is positioned off Rt 53 with access to Route 3 nearby. The location is within walking distance of Hanover YMCA and provides plenty of parking. Condo fees cover water, sewer, exterior maintenance, landscaping, and snow removal, while the occupant is responsible for electricity and communication expenses.

Key Highlights

  • 1,000‑square‑foot second‑floor office condo
  • Four separate offices with a spacious reception and waiting area
  • Private bathroom and attic storage space

Property Analytics

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Current Use

Smoot Associates Consultant I T Strategies ... Business Management Consultant Investment Advisory Group Financial Advisor Litchfield Paul N ... Accounting Firm Sarah Thornton Physician

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Bakery Electrical Service (Bike/Boat/Book/etc) Store Hair Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 02339, MA

14,833
Population
4,974
Households
3
Avg Household Size
42
Median Age
57%
College-Educated
96%
High-School Grad
15.5 sq mi
ZIP Area
957
Density / Sq Mi
$174,821
Median Household Income
$69,688
Median Earnings
$1,642
Median Rent
$706,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Hanover, MA

$24.77 /SF/Yr
Avg Asking Price
$2.36–$50.88 /SF/Yr
Price Range
1,948 SF
Avg Space Size

This space is priced 22% below the average of $24.77 /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 - Freshly painted office unit with a reception area, private bathroom, attic storage, and on-site parking.
Where is this office units located?
The property is located at 51 Mill St. # 7 Hanover, MA.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 1,000‑square‑foot second‑floor office condo; Four separate offices with a spacious reception and waiting area; Private bathroom and attic storage space
More about this property
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