320 Washington St, Norwell, MA 02061-1700
This exceptional 12,360 square foot commercial property at 320 Washington Street in Norwell, Massachusetts, presents a rare opportunity. Situated on a 0.99-acre lot, this building boasts convenient access to Route 53, a key thoroughfare in the area. A significant advantage is the presence of an elevator, a feature uncommon in buildings of this size in this location. The interior has recently undergone improvements, including fresh paint and new carpeting, creating a modern and inviting workspace. Individual units are available on the second floor, offering flexibility for various business needs. Each unit is equipped with energy-efficient mini-split heat pumps, providing both heating and cooling. Tenants are responsible for their own utilities. The building is fully wired for both FIOS and Xfinity high-speed internet services, ensuring seamless connectivity for any business. This property is ideal for a company seeking a well-maintained, conveniently located, and technologically advanced office space in the thriving Norwell market. The ample square footage and available second-floor units provide significant expansion potential. This is a unique opportunity to secure a highly desirable commercial space in a prime Norwell location. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property 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.