End-Unit Medical
For Sale
Contact for pricing
Pending
80 Washington St, Norwell, MA 02061
First-level suite includes reception, storage, air conditioning, and a full basement.
Property Size675 SF
Days on Market95
Property Features for 80 Washington St
General Information
Standard status
Pending
Size
675 SF
Property subtype
OFFICE
Zoning
C-1
Additional Details
Floor
First Level
Amenities
Full Basement
Reception
Storage Space
Air Conditioning
Listing Agency:
Jay Nuss Realty Group, LLC
(781) 848-9400
Listed By:
Jay Nuss
(781) 910-6575
Source:
Moodyscre
Added: Jul 31
Changed: Oct 26
Last Checked: Nov 1 at 3:44AM
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
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Investment Insights
Based on property information with market context.
This medical office space occupies a first-level end unit with 675 SF of interior area and a full basement. The layout includes reception and storage areas, along with air conditioning. The space is already configured for medical office use and includes professional finishes.
The property is located at 80 Washington St in Norwell, Massachusetts. It carries C-1 Business Commercial zoning and is associated with 25.33 AC of land area.
The property is located at 80 Washington St in Norwell, Massachusetts. It carries C-1 Business Commercial zoning and is associated with 25.33 AC of land area.
Key Highlights
- 675 SF first‑level end unit configured for medical office use
- Full basement provides additional storage area
- Reception and dedicated storage space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,118
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,360
$282.4K
Cap Rate 7%
$201,686
$201.7K
Cap Rate 9%
$156,867
$156.9K
Market Conditions
NOI Build-Up for 675 SF
Gross rent
$22.7K $33.60/SF
− Vacancy
−$3.9K −$5.71/SF
EGI
$18.8K $27.89/SF
− OpEx
−$4.7K −$6.97/SF
NOI
$14.1K $20.92/SF
Area
Plymouth County, MA
Vacancy
17.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,360
Cap Rate 7%
$201,686
Cap Rate 9%
$156,867
Alternative Uses
Best Use
Office B
$201.7K
$176.5K – $235.3K
NOI $14,118 @ 7.0% cap · market cap 5.43%
Second Best
Healthcare Medical
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - First-level suite includes reception, storage, air conditioning, and a full basement.
Where is this medical office space located?
The property is located at 80 Washington St Norwell, MA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 675 SF first‑level end unit configured for medical office use; Full basement provides additional storage area; Reception and dedicated storage space included
