159 Washington St, Norwell, MA 02061
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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.