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Property profile & analytics
FOR SALE
Retail space

345 Nahatan St Norwood, MA 02062

1,686 SF 0.05 ac lot Built 1920
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US38-1303801
345 Nahatan St, Norwood, MA 02062 For Sale
$310,000 1,686 SF
345 Nahatan St, Norwood, MA 02062
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Property summary
AI-generated overview

345 Nahatan Street, Norwood, MA offers a fantastic retail investment opportunity. This well-maintained commercial building, totaling 3,441 square feet according to public records, is ideally situated on a 0.05-acre lot at the highly visible corner of Nahatan and Fulton Streets. Built in 1920, the property is currently occupied by a dry cleaning business, but its versatile zoning allows for a variety of commercial uses. The building boasts ample display windows and a convenient parking space, maximizing its appeal to potential customers. Its prime location benefits from significant foot and vehicle traffic, ensuring high visibility for any business. The surrounding area is rich with amenities, including Oldham Elementary School, the Norwood Council on Aging, and the Morrill Memorial Library, contributing to a thriving and active community. This property presents a unique chance to acquire a well-established commercial space in a desirable location, offering the potential for continued success as a dry cleaner or adaptation to a new retail venture. The asking price is $430,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,686 SF
Lot 0.05 ac (2,086 SF)
APN NORW M:00005 B:00011 L:0025A
UPID US38-1303801
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
  • Town Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bernadino Semedo · 3 yrs held
Bernadino Semedo
since 2022
Last sale
$300,000
3 recorded transactions
2022
$300,000
2005
$335,000
1999
$150,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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