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    FOR LEASE
    Commercial real estate

    185 Lincoln St 310A, Hingham, MA 02043

    20,226 SF 1.4 ac lot Built 1956
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-1761391
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1956
    Construction FRAME
    Total area 20,226 SF
    Lot 1.4 ac (60,984 SF)
    APN HING M:37 B:0 L:27
    UPID US38-1761391
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Patrice Carroll Foster Care Service Social Service Agency
    • Windsor Chem-Dry Carpet Cleaning Service Upholstery Cleaning Service
    • Healthcare of SE Mass Social Service Agency Charitable Organization
    • Mrs. Ann Sullivan Community Health Centre Practitioner Service Location
    • Kathryn Collins-Wooley, PHD Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.75M
    CAP Approach CAP
    $3.01M
    Comparable Approach Comparable
    $2.72M
    Blend (final) Blend
    $2.82M
    Owner & transaction history
    Crow Point Tic IV LLC · 2 yrs held
    Crow Point Tic IV LLC
    since 2023
    Last sale
    $3.5M
    7 recorded transactions
    2023
    $3.5M
    2023
    $5.6M
    2019
    $4.5M
    2001
    1991
    $125,000
    1990
    $1.0M
    1990
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $4.6M +24.7%
    Office building $4.6M +23.9%
    Retail stores $4.2M +13.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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