Property profile

55R Washington St Norwell, MA 02061

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,100 square foot single-tenant retail space, located at 55R Washington Street in Norwell, Massachusetts, presents a fantastic opportunity for businesses seeking a prominent location in a thriving commercial area. Situated on Route 53, this property enjoys excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The space boasts a functional layout, previously occupied by a physical therapy practice, featuring multiple built-out offices and a bathroom, minimizing upfront renovation costs. The existing infrastructure provides a solid foundation for a variety of businesses, from professional services to retail operations. Ample parking is available on-site, accommodating approximately 13 vehicles, ensuring convenience for clients and staff. This property is located in Plymouth County, with a zip code of 02061. The property's convenient location and existing build-out make it an ideal choice for businesses seeking a move-in ready space in a high-traffic area. The property is classified as retail with an office subtype. This is a single-tenant space, offering a unique opportunity for a business to establish a strong presence in a desirable location. The property's address is 55R Washington Street, Norwell, MA.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

55R Washington St Norwell, MA 02061
Norwell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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