Norwell Office Suite For
For Sale
$285,000
80 Washington St #D21, Norwell, MA 02061
Efficient 675 SF office suite in Norwell professional building.
Property Size675 SF
Price / SF$422.22
Days on Market100
Property Features for 80 Washington St #D21
General Information
Standard status
Active
Size
675 SF
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
Jay Nuss Realty Group, LLC
(781) 910-6575
Listed By:
Jay Nuss
(781) 910-6575
Source:
Liongatere
Added: Apr 25
Changed: Jul 6
Last Checked: Aug 2 at 3:50AM
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 Jay Nuss Realty Group, LLC
Investment Insights
Based on property information with market context.
This 675 square foot office suite is located in a professional building in Norwell. The suite, designated as Unit D21, features three private offices. The layout is designed to be flexible and offers natural light. The location provides convenient access to Route 53 and is near restaurants, retail options, and major commuter routes. The suite is suitable for therapists, consultants, small firms, or other businesses seeking a workspace in a South Shore location.
Key Highlights
- Turnkey 675 SF office suite in a desirable Norwell professional building.
- Three well‑proportioned private offices ideal for teams seeking a quiet, productive environment.
- Flexible layout and natural light.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.7k | $33.60 |
| − Vacancy | −$3.9k | −$5.71 |
| EGI | $18.8k | $27.89 |
| − OpEx | −$4.7k | −$6.97 |
| NOI | $14.1k | $20.92 |
675 SF · lease $33.60/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$201.7K
$176.5K – $235.3K
NOI $14,118 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Explore this area
Business Placement
Demographics for 02061, MA
11,351
Population
3,739
Households
3
Avg Household Size
42
Median Age
65%
College-Educated
98%
High-School Grad
20.9 sq mi
ZIP Area
543
Density / Sq Mi
$182,637
Median Household Income
$82,358
Median Earnings
$2,181
Median Rent
$799,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Efficient 675 SF office suite in Norwell professional building.
Where is this office units located?
The property is located at 80 Washington St #D21 Norwell, MA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Turnkey 675 SF office suite in a desirable Norwell professional building.; Three well‑proportioned private offices ideal for teams seeking a quiet, productive environment.; Flexible layout and natural light.
