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Four-Office Condo Suite
New
For Lease
$1,600/Mo

51 Mill St. 7, Hanover, MA 02339

Freshly painted second-floor office space with reception, private restroom, storage, and on-site parking.

Space Size1,000 SF
Days on Market5

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

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

private bathroom
attic storage space
spacious reception/waiting room area

Building Details

Building Size 1,000 SF
Year Built 1997
Listing Agency: William Raveis R.E. & Home Services
Listed By: Roe Sheppard
Source: Elliman
Added: Sep 9 Last Checked: Sep 13 at 5:58AM

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 second-floor office condo provides four distinct office rooms within a practical professional setting. The layout includes a generous reception and waiting area, a private bathroom, and attic storage. Fresh paint gives the suite an updated presentation, while the configuration can accommodate one company or several professionals sharing the space.

The property is positioned on Mill St. near Rt 53, with access to Route 3 nearby. Parking is available on site, and the Hanover YMCA is within walking distance. The tenant is responsible for electricity and communication services; water, sewer, exterior maintenance, landscaping, and snow removal are included through the condo association.

Key Highlights

  • Four separate offices in a second‑floor office condo
  • Freshly painted interior with reception and waiting area
  • Private bathroom and attic storage space

Property Analytics

Current Use

Office Units

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

75
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

$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
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Frequently Asked Questions

What type of property is this?
Office units - Freshly painted second-floor office space with reception, private restroom, 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: Four separate offices in a second‑floor office condo; Freshly painted interior with reception and waiting area; Private bathroom and attic storage space
More about this property
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