185 Lincoln St Hingham, MA 02184
- Commercial real estate
- 20,226 SF
- 1.40 lot acres
Current Use by Public Records
- Patrice Carroll / Social Worker
- Windsor Chem-Dry / Carpet Cleaning Service / Upholstery Cleaning Service
- Healthcare of SE Mass / Social Services Organization
- Mrs. Ann Sullivan / Community Health Centre / Practitioner Service Location
- Kathryn Collins-Wooley, PHD / Psychologist / Professional Services
Property Details for 185 Lincoln St
- Year built
- 1956
- Construction
- FRAME
- Lot size
- 1.40 lot acres
- Property size
- 20,226 SF
- Property type
- Commercial real estate
- APN
- HING M:37 B:0 L:27
- APU
- HINGM37B0L27
Description
This exceptional 28,000 square foot office space is ideally situated on Route 3A in Hingham, Massachusetts, offering unparalleled convenience and visibility. Located within walking distance of downtown Hingham, this property boasts a prime location for businesses seeking high traffic exposure. The unit, currently configured as a three-room office, presents a flexible layout with the potential to be subdivided into four separate rooms, catering to diverse business needs. Recent renovations have enhanced the space with fresh paint, durable vinyl plank flooring, and energy-efficient LED lighting throughout. Common areas have also undergone a complete transformation, featuring updated bathrooms, fresh paint, new carpeting, and a modern electronic directory. Ample off-street parking is available for tenants and their clients. New tenants will benefit from prominent signage on their entry door, inclusion in the building directory, and exterior building signage, ensuring maximum visibility and brand recognition. The unit is equipped with central heating and air conditioning, and tenants are responsible for their own electricity usage. For businesses requiring a larger footprint, there is an option to combine Unit 300 with Units 310A and 310B, creating a substantial 23,520 square foot office space. This property sits on a 1.4-acre lot and is priced at $20 million.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,610,000
- 6.5%
- $3,430,000
- 7%
- $3,555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,845,000
- Geo Method
- $3,210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,725,000
- Retail
- $3,515,000
- Mixed-Use
- $4,365,000
- Hospitality
- $3,275,000
- Educational
- $3,405,000
- Residential Income
- $3,675,000
- Energy
- $4,430,000
- Income-Based Land
- $3,840,000
- Food Service
- $4,430,000
Location Insight
- Map
- Local Demand
- City
- Hingham
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.9046
- Latitude
- 42.2496
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA