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    Property profile & analytics

    159 Washington St Norwell, MA 02061

    • Commercial real estate
    • 0.90 lot acres
    For Sale
    View listing
    $875,000
    Value Estimation
    Location Intelligence
    Property ID
    US38-2412098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 159 Washington St

    Year built
    1800
    Lot size
    0.90 lot acres
    Property type
    Commercial real estate

    Description

    This charming, historic retail property at 159 Washington Street, Norwell, MA, is available for sale at $875,000 or lease at $3,450 per month. Situated on Route 53, this 0.9-acre lot boasts excellent visibility and accessibility. Recent improvements include a new roof, fresh exterior paint, updated landscaping, a new boiler, and a new 14 KW Generac generator, ensuring efficient and reliable operation. The building previously served as a Tile and Kitchen design center, offering ample space for a variety of businesses. The property features a spacious main retail area, individual offices upstairs, and a 950-square-foot unfinished basement providing significant storage potential. Ample private parking is available for employees and customers. The tenant is responsible for all utilities. This property presents a unique opportunity for a business seeking a well-maintained, historically significant location with high visibility and convenient parking. Buyers are responsible for conducting all due diligence.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.87531
    Latitude
    42.16918

    Comparable in this City

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      Industrial Condo with Office, Warehouse

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      Redevelopment Opportunity: Jacob Reed Barn

      Rare opportunity with redevelopment potential in a desirable Norwell neighborhood.
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    • $875,000
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      Norwell Office Building For Sale

      Fully leased investment property on Route 53 in Norwell.
      159 Washington St, Norwell, MA 02061
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    • $950,000

      South Shore Office Park Condo

      Class B office condo in professionally managed office park.
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    Similar Nearby for Sale

    • Contact for pricing
      1.50 Acres

      Prime Norwell Commercial Building

      Multi-tenant building, ample parking, great visibility.
      15 Farrar Farm Rd, Norwell, MA 02061
      View Details
    • $1,300,000
      2.87 Acres

      Norwell Commercial Land - 2.87 Acres

      Prime Norwell location, 2.87 acres, Business C zoning.
      400 Cordwainer Dr, Norwell, MA 02061
      View Details
    • $599,000
      3,200 SF

      Industrial Condo with Office, Warehouse

      Flexible industrial condo with office, warehouse, and mezzanine layout.
      104 Longwater Dr, Norwell, MA 02061
      View Details
    • $575,000
      1,724 SF

      Redevelopment Opportunity: Jacob Reed Barn

      Rare opportunity with redevelopment potential in a desirable Norwell neighborhood.
      21 Norwell Ave, Norwell, MA 02061
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    • $875,000
      2,546 SF

      Norwell Office Building For Sale

      Fully leased investment property on Route 53 in Norwell.
      159 Washington St, Norwell, MA 02061
      View Details
    • $950,000

      South Shore Office Park Condo

      Class B office condo in professionally managed office park.
      80 Washington St, Norwell, MA 02061
      View Details

    Similar Nearby for Lease

    • $1,395,000
      4,496 SF

      Renovated Showroom at Queen Anne's

      Recently renovated showroom and barn building in prime Norwell location.
      25 Washington St, Norwell, MA 02061
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    • $23 SF/Yr

      Prime Retail/Office Space Available

      Highly visible retail or office space with flexible terms.
      124 Washington St, Norwell, MA 02061
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    • $21 SF/Yr
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      Norwell Office Space For Rent

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    • $21 SF/Yr
      2,743 SF

      Norwell Office Space For Rent

      Second floor office space with Route 53 visibility.
      306 Washington St, Norwell, MA 02061
      View Details
    • $2,250 /Mo
      864 SF

      Professional Office Space Available

      Three-story office building with planned updates and ample parking.
      200 Cordwainer Dr, Norwell, MA 02061
      View Details
    • Contact for pricing
      1,000 SF

      Norwell Gas Station For Rent

      1,000 SF gas station with high traffic and visibility.
      85 Washington St, Norwell, MA 02061
      View Details
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    159 Washington St
    Norwell, MA 02061
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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
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