345 Nahatan St Norwood, MA 02062
For Sale
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.
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Town Cleaners (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.