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    222 Webster St Hanover, MA 02339

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Hanover location, multiple suites available.

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office building, located at 222 Webster St in Hanover, Massachusetts, offers a fantastic opportunity for healthcare professionals seeking a well-established and convenient location. The property, Charles David Place, boasts a total of 16,000 square feet and sits on a spacious 2.85-acre lot. Built in 1987 and renovated in 2006, the building provides a modern and functional workspace. Multiple suites are currently available, ranging from a minimum of 765 square feet to a maximum contiguous space of 3,092 square feet, with a total of 4,957 square feet currently vacant. The building features ample parking to accommodate both tenants and their clients. The existing tenant roster includes a diverse mix of businesses, creating a vibrant and synergistic environment. The available space offers a large open area ideal for retail or showroom use, complemented by multiple private offices, a storage room with a convenient loading area, and a private bathroom. Its flexible layout makes it suitable for a variety of medical or office uses. This property is situated in Plymouth County, within the desirable town of Hanover, MA, zip code 02339. The building's location and amenities make it an attractive option for businesses seeking a thriving and accessible location in a well-established community.

    Property Features for 222 Webster St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF
    Total Rate
    26666.67

    Building Details

    Year Built/Renovated
    1987/2006

    Unit(s) available at that property

    Space
    Suite 202
    Size
    765 SF
    Rate per SF
    $20
    Space
    Suite 203
    Size
    1,100 SF
    Rate per SF
    $20
    Space
    Suites 202, 203, and 204
    Size
    3,092 SF
    Rate per SF
    $20

    HighLights

    • High visibility from Route 3.
    • High ceilings throughout.
    • On‑site health and wellness center.
    • Abundant parking available.
    • Premium interior finishes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charles David Salon ... Beauty Salon South Shore Electrology ... Electrolysis Hair Removal Service Mary T. Egan ... Acupuncturist BikramYogaSouthShore Yoga Studio Lulabelle The Bra Studio Lingerie Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8555208
    Latitude
    42.1538144

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    FAQs

    What type of property is this?
    Medical office - Prime Hanover location, multiple suites available.
    Where is this medical office located?
    The property is located at 222 Webster St Hanover, MA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: High visibility from Route 3.; High ceilings throughout.; On-site health and wellness center.
    Request Owner's contact information
    222 Webster St Hanover, MA 02339
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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

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    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
    222 Webster St Hanover, MA 02339
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