Building Details

Year Built 1930

Listing Agency: eXp Realty LLC Show Phone

Listed By: Jeffrey Kendall Show Phone

Source: Churchillprop

Added: Dec 3, 2025 Changed: Oct 6 Last Checked: Oct 19 at 4:23AM

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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 eXp Realty LLC

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Investment Insights

Based on property information with market context.

This for-sale retail storefront suite offers approximately 750 square feet of commercial space and is available for rent. The tenant will be responsible for their own utilities as well as CAM. Lease terms are negotiable, and renovations are considered to suit specific needs at the tenant’s cost. Parking is available on the street for customers, with additional parking in back for one.

Located on Nantasket Ave in Hull, MA 02045, the space is positioned in the heart of town with major foot traffic.

Ideal for businesses seeking a compact retail footprint with customer parking and flexible lease discussions, subject to tenant responsibilities for utilities, CAM, and any requested improvements.

Key Highlights

• Available retail storefront suite with 750 sq ft of commercial space
• Located in the heart of town with major foot traffic
• Plenty of customer parking on the street, plus back parking available for one

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,323

Suggested Prices Based on Cap Rates

Cap Rate 5%

$246,460 $246.5K

Cap Rate 7%

$176,043 $176.0K

Cap Rate 9%

$136,922 $136.9K

What to ask about pricing

Market Conditions

NOI Build-Up for 750 SF

Gross rent

$18.0K $24.00/SF

− Vacancy

−$396 −$0.53/SF

EGI

$17.6K $23.47/SF

− OpEx

−$5.3K −$7.04/SF

NOI

$12.3K $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%

$246,460

Cap Rate 7%

$176,043

Cap Rate 9%

$136,922

Alternative Uses

Best Use

Retail

$176.0K

$154.0K – $205.4K (±1% cap)

NOI $12,323 @ 7.0% cap · market cap 795.03%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$444.0K

$388.5K – $518.0K (±1% cap)

NOI $31,080 @ 7.0% cap · market cap 2,005.16%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hair Salon Pharmacy Dental Office Electrical Service

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

219

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 0.4 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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Available retail storefront suite includes convenient parking and tenant-paid utilities and CAM.

Where is this retail space located?

The property is located at 527 Nantasket Ave # B Hull, MA.

What are key features of this property?

This property features: Available retail storefront suite with 750 sq ft of commercial space; Located in the heart of town with major foot traffic; Plenty of customer parking on the street, plus back parking available for one