Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    97 Elm St Cohasset, MA 02025

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    First floor retail/office space in picturesque Cohasset Harbor.

    Property size:
    2,060 SF
    Lot size:
    2,060 SF

    Property Features for 97 Elm St

    General Information

    Standard status
    Active
    Size
    2,060 SF

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Matthew Curran
    Source: Corcoran

    Listing Agency: Unicorn Realty Listing Agent: Matthew Curran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Cohasset Harbor Retail/Office Opportunity

    The first floor of 97 Elm Street in Cohasset will be available for lease this winter, offering an ideal opportunity for a small business owner seeking a new location in Cohasset Harbor. Previously used as a retail boutique, the space features refurbished wood flooring and other updates. Given its location across the street from the harbor and a new development, the space could also serve as an office. The first floor includes a private bathroom and additional storage space in the lower level/basement. New hot water service and heat pumps have been recently installed. Street parking is available. The rental rate is $2,700 per month plus utilities. The property is also for sale.
    Location Intelligence

    Current Use by Public Records

    Altered Tailoring & Alterations (Bike/Boat/Book/etc) Store Hill Square Boutique Clothing Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    Pond Street Flowers, Violet Floral Design

    Location Insight

    • Map
    • Local Demand
    City
    Cohasset
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.7950848
    Latitude
    42.2398048

    Nearby Similar for Lease

    • $1,900 /Mo

      Village Office Space Available

      Prime office space in Cohasset, ready for immediate occupancy.
      9 Brook St, Cohasset, MA 02025
      View Details
    • $500 /Mo

      Furnished Office Space in Cohasset

      Shared, furnished office space with fireplace in Cohasset Village.
      18 Elm St, Cohasset, MA 02025
      View Details
    • Contact for pricing
      3,012 SF

      Medical Office Space Available

      Turn-key clinical space in Cohasset Family Health Center.
      223 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • $750 /Mo

      Furnished Office Space in Cohasset

      Shared office space in Cohasset Village, 300 square feet.
      18 Elm St, Cohasset, MA 02025
      View Details
    • Contact for pricing
      2,723 SF

      Professional Office Building Near Transit

      Well-constructed office building with commuter access in Cohasset, MA.
      231 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • Contact for pricing
      4,200 SF

      Cohasset Office Suites For Rent

      Flexible office suites available, build to suit options for tenants.
      760 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • Contact for pricing
      1,760 SF

      Cohasset Office Space Available

      Office space available for lease in Cohasset, Massachusetts.
      226 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • Contact for pricing
      2,680 SF

      Retail Space in Cohasset, MA

      Retail space available for lease in Cohasset, Massachusetts.
      124 Elm St, Cohasset, MA 02025
      View Details
    • Contact for pricing
      2,200 SF

      Cohasset Retail Space Available

      Retail space available for lease in Cohasset, Massachusetts.
      380 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space Available For Lease

      15,000 square feet of retail space for lease.
      390 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • Contact for pricing

      Retail/Office Space in Cohasset

      Retail and office spaces in newly constructed, accessible building.
      147 South Main St, Cohasset, MA 02050
      View Details
    • Contact for pricing
      4,200 SF

      Cohasset Office Space For Rent

      Flexible office suites available, build to suit options.
      760 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details

    FAQs

    What type of property is this?
    Storefront property - First floor retail/office space in picturesque Cohasset Harbor.
    Where is this storefront property located?
    The property is located at 97 Elm St Cohasset, MA.
    What are key features of this property?
    This property features: - Prime location across the street from Cohasset Harbor and new development.; - Recently refurbished with wood flooring and other updates.; - Suitable for retail or office use.
    (781) 659-2255
    Request Owner's contact information
    97 Elm St Cohasset, MA 02025
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    97 Elm St
    Cohasset, MA 02025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    97 Elm St Cohasset, MA 02025
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Curran
    (781) 659-2255 (617) 686-2181
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!