Ground-Floor Storefront
7-9 Central St, Hingham, MA 02043
For Sale
Contact for pricing
Ground-level commercial space occupies a historic building in downtown Hingham.
Property Size1,800 SF
Price / SF$0.03
Days on Market659
Property Features for 7-9 Central St
General Information
Standard status
Size
Property subtype
Lease Type
Building Details
Year Built
Listing Agency:
Eastern Land Company
Listed By:
Stephen Pleines
(617) 286-3830
Source:
Churchillprop
Added: Jan 21, 2025
Changed: Nov 9
Last Checked: Nov 10 at 5:54AM
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 Eastern Land Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ground-floor storefront property offers approximately 1,800 square feet of commercial space within a building constructed in 1899. The space is positioned at 7-9 Central St in Hingham’s downtown area.
Key Highlights
- Approximately 1,800 SF of ground‑floor commercial space
- Located at 7‑9 Central St, Hingham, MA 02043
- Building constructed in 1899
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,575
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,500
$591.5K
Cap Rate 7%
$422,500
$422.5K
Cap Rate 9%
$328,611
$328.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.2K $24.00/SF
− Vacancy
−$950 −$0.53/SF
EGI
$42.2K $23.47/SF
− OpEx
−$12.7K −$7.04/SF
NOI
$29.6K $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%
$591,500
Cap Rate 7%
$422,500
Cap Rate 9%
$328,611
Alternative Uses
Best Use
Retail
$422.5K
$369.7K – $492.9K
NOI $29,575 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Gulf Oil
Shops & Services
1,405 visits/mo
0.3 miles
Demographics for 02043, MA
24,272
Population
10,059
Households
2.4
Avg Household Size
45
Median Age
75%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
1,093
Density / Sq Mi
$181,017
Median Household Income
$103,897
Median Earnings
$2,452
Median Rent
$1,075,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Plymouth County, MA
Properties on Market for Storefront properties in Plymouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-level commercial space occupies a historic building in downtown Hingham.
Where is this storefront property located?
The property is located at 7-9 Central St Hingham, MA.
What are key features of this property?
This property features: Approximately 1,800 SF of ground‑floor commercial space; Located at 7‑9 Central St, Hingham, MA 02043; Building constructed in 1899
