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    303 Columbia Rd Hanover, MA 02339

    For Lease
    Contact for pricing

    Former bank, 3,770 sq ft, high visibility.

    Lot size:
    3,770 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail space, located at 303 Columbia Road in Hanover, Massachusetts, presents a unique opportunity for a discerning tenant. The property is a former bank branch, offering a substantial 3,770 square feet of total building space, with 3,370 square feet currently vacant and ready for immediate occupancy. Its single-tenant configuration provides a flexible and adaptable layout, perfect for a variety of retail uses. The building's prime location in Plymouth County ensures high visibility and accessibility, attracting significant foot traffic and maximizing exposure for your business. The address, 303 Columbia Road, Hanover, MA 02339, is easily identifiable and conveniently situated within the community. This property offers a rare chance to establish a strong retail presence in a thriving area. The spacious interior provides ample room for customization and design, allowing you to create a retail environment that perfectly reflects your brand and business needs. The building's former use as a bank suggests a robust and well-maintained structure, ready to accommodate your operations. Don't miss this opportunity to secure a prominent retail location in a desirable Massachusetts community. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 303 Columbia Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,770 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,370 SF

    HighLights

    • 3,370 SF former bank building with drive‑thru, available for lease.
    • High‑visibility location at a signalized intersection, 23,500 ADT on Route 53.
    • Excellent retail location near numerous national retailers and Hanover Mall.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8153167
    Latitude
    42.1110924

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    FAQs

    What type of property is this?
    Individual retail property - Former bank, 3,770 sq ft, high visibility.
    Where is this individual retail property located?
    The property is located at 303 Columbia Rd Hanover, MA.
    What are key features of this property?
    This property features: 3,370 SF former bank building with drive-thru, available for lease.; High-visibility location at a signalized intersection, 23,500 ADT on Route 53.; Excellent retail location near numerous national retailers and Hanover Mall.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 Columbia Rd Hanover, MA 02339
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