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    FOR LEASE
    Showrooms

    222 Webster St, Hanover, MA 02339

    16,196 SF 2.85 ac lot Built 1987
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US38-0115328
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 222 Webster St in Hanover, Massachusetts, offers a fantastic opportunity for healthcare professionals seeking a well-established and convenient location. The property, Charles David Place, boasts a total of 16,000 square feet and sits on a spacious 2.85-acre lot. Built in 1987 and renovated in 2006, the building provides a modern and functional workspace. Multiple suites are currently available, ranging from a minimum of 765 square feet to a maximum contiguous space of 3,092 square feet, with a total of 4,957 square feet currently vacant. The building features ample parking to accommodate both tenants and their clients. The existing tenant roster includes a diverse mix of businesses, creating a vibrant and synergistic environment. The available space offers a large open area ideal for retail or showroom use, complemented by multiple private offices, a storage room with a convenient loading area, and a private bathroom. Its flexible layout makes it suitable for a variety of medical or office uses. This property is situated in Plymouth County, within the desirable town of Hanover, MA, zip code 02339. The building's location and amenities make it an attractive option for businesses seeking a thriving and accessible location in a well-established community.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1987
    Construction STEEL FRAME
    Total area 16,196 SF
    Lot 2.85 ac (124,146 SF)
    Zoning code C
    APN HANO M:05 L:040
    UPID US38-0115328
    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
    • Charles David Salon & Spa Hair Salon Nail Salon
    • South Shore Electrology & Laser Center Hair Salon Skin Care Clinic
    • Mary T. Egan Acupuncture Alternative Medicine Practice Acupuncture
    • BikramYogaSouthShore Gym & Fitness Center
    • Lulabelle The Bra Studio (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.41M
    Comparable Approach Comparable
    $3.10M
    Blend (final) Blend
    $2.44M
    Owner & transaction history
    Old Webster Street LLC · 16 yrs held
    Old Webster Street LLC
    since 2010
    7 recorded transactions
    2010
    $1
    2010
    2008
    $1
    2002
    1998
    1994
    $498,000
    1994
    Zoning & alternative use
    C · Hanover, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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