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Two-Story Office Condo Suite
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51 Mill St, Hanover, MA 02339

Two-story office condo offering four private offices, a large conference room, a collaboration area, kitchen, and two private bathrooms.

Space Size2,040 SF
Days on Market212

Property Features for 51 Mill St

General Information

Standard status Active
Size 2,040 SF
Property subtype OFFICE
Lease Type Modified Gross

Amenities

private offices
collaboration area
kitchen area
large conference room
private bathrooms

Building Details

Stories 2

Spaces For Lease

at 51 Mill St
51 Mill St $3,400/Mo
Floor 1
Size 2,040 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- 2-Story Office Condo in Mill Street Office Complex. The unit has 4 private offices, large conference room, and two private bathrooms. Ample parking in a campus-style office park. Flexible lease terms. - Located at Mill Pond Condominium Complex in Hanover, MA - Campus-style Office Setting - Ample Parking - Walking Distance to Hanover Crossing - Many Nearby Amenities
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Listing Agency: Ellis Realty Advisors
Listed By: Dave Ellis
Source: Moodyscre
Added: Apr 2 Changed: Sep 4 Last Checked: Oct 28 at 5:27PM

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

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Investment Insights

Based on property information with market context.

This two-story office condo is located within the Mill Pond Condominium Complex and is part of the Mill Street office complex. The suite includes four private offices, a collaboration area, a kitchen area, a large conference room, and two private bathrooms.

Parking is ample, with a campus-style office park setting.

The space is configured for professional office use with multiple private offices plus shared meeting and collaboration areas.

Key Highlights

  • Two‑story office condo built in 1989 in the Mill Pond Condominium Complex in Hanover, MA
  • Includes 4 private offices plus a collaboration area
  • Features a large conference room for meetings and client discussions

Property Analytics

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 Locksmith

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
$3.00 /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

Market

Lease Benchmarks for Hanover, MA

$23.38 /SF/Yr
Avg Asking Price
$2.36–$50.88 /SF/Yr
Price Range
1,758 SF
Avg Space Size

This space is priced 14% below the average of $23.38 /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

Frequently Asked Questions

What type of property is this?
Office unit - Two-story office condo offering four private offices, a large conference room, a collaboration area, kitchen, and two private bathrooms.
Where is this office unit located?
The property is located at 51 Mill St Hanover, MA.
What is the lease rate?
The lease rate is $3,400/Mo.
What are key features of this property?
This property features: Two‑story office condo built in 1989 in the Mill Pond Condominium Complex in Hanover, MA; Includes 4 private offices plus a collaboration area; Features a large conference room for meetings and client discussions
(781) 919-0800 · Office Call to check price and availability
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