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    1369 Providence Hwy Norwood, MA 02062

    Sponsored
    For Lease
    Contact for pricing

    Prime Route 1 Retail Opportunity, 2,175-16,000 SF

    Lot size:
    22,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1369 Providence Highway in Norwood, Massachusetts, offers a unique opportunity for businesses seeking high-visibility space in a prime location. The property boasts a total of 22,175 square feet, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,175 square feet to a maximum contiguous space of 16,000 square feet, providing flexibility for various business needs. The property sits on a substantial 4.58-acre lot, offering ample parking and visibility from Route 1 South. Its strategic location within the Boston Providence Highway District zoning provides numerous development possibilities. The site plan is modifiable to accommodate specific tenant requirements, making it an ideal location for businesses seeking a customizable space. The property's address is 1369 Providence Highway, Norwood, MA 02062, situated in Norfolk County. This is a new development offering significant potential for businesses looking to establish a strong presence in a high-traffic area. The property's size and location make it an attractive option for a variety of retail uses. Contact us today to learn more about this exciting opportunity.

    Property Features for 1369 Providence Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,175 SF

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    16,000 SF
    Space
    Available Space 1
    Size
    2,175 SF
    Space
    Available Space 2
    Size
    4,000 SF

    HighLights

    • New 16,000 SF development opportunity.
    • Route 1 South location.
    • Summer Street access.
    • Boston Providence Highway District zoning.
    • Flexible site plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1985467
    Latitude
    42.1666739

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    FAQs

    What type of property is this?
    Individual retail property - Prime Route 1 Retail Opportunity, 2,175-16,000 SF
    Where is this individual retail property located?
    The property is located at 1369 Providence Hwy Norwood, MA.
    What are key features of this property?
    This property features: New 16,000 SF development opportunity.; Route 1 South location.; Summer Street access.
    Request Owner's contact information
    1369 Providence Hwy Norwood, MA 02062
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    Norwood, MA 02062
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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
    1369 Providence Hwy Norwood, MA 02062
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