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303 Columbia Rd Hanover, MA 02339

Banks Google Maps
3,946 SF 0.68 ac lot Built 1975
Entity Owned 3-yr Hold Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US38-0643104

Property summary

AI-generated overview

This exceptional retail space, located at 303 Columbia Road in Hanover, Massachusetts, presents a unique opportunity for a discerning tenant. The property is a former bank branch, offering a substantial 3,770 square feet of total building space, with 3,370 square feet currently vacant and ready for immediate occupancy. Its single-tenant configuration provides a flexible and adaptable layout, perfect for a variety of retail uses. The building's prime location in Plymouth County ensures high visibility and accessibility, attracting significant foot traffic and maximizing exposure for your business. The address, 303 Columbia Road, Hanover, MA 02339, is easily identifiable and conveniently situated within the community. This property offers a rare chance to establish a strong retail presence in a thriving area. The spacious interior provides ample room for customization and design, allowing you to create a retail environment that perfectly reflects your brand and business needs. The building's former use as a bank suggests a robust and well-maintained structure, ready to accommodate your operations. Don't miss this opportunity to secure a prominent retail location in a desirable Massachusetts community. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,946 SF
Lot 0.68 ac (29,621 SF)
Zoning code C
APN HANO M:57 L:144
UPID US38-0643104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$1
4 recorded transactions
2022
Price N/A
2008
Price N/A
2007
$1
1998
Price N/A

Zoning & alternative use

C · Hanover, MA
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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