55R Washington St, Norwell, MA 02061
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.