55 Sharp St Hingham, MA 02043
- Industrial properties
- 5.81 lot acres
Current Use by Public Records
- Boothby Sports Performance / Physical Fitness Program
- Westwood Mills / Stone Supplier / Granite Supplier
Property Details for 55 Sharp St
- Lot size
- 5.81 lot acres
- Property type
- Industrial properties
- APN
- HING M:216 B:0 L:25
- APU
- HINGM216B0L25
Description
65 Sharp Street presents a unique opportunity to lease a flexible commercial space in a desirable South Hingham location. This single-story, 12,675 square foot building offers a campus-like setting and is currently divisible into spaces starting at 3,000 square feet, with a maximum contiguous space of 12,675 square feet. The property features six dock-high doors and one drive-in door, catering to a variety of business needs. Currently, one 6,575 square foot space is immediately available, ideal for a range of uses including research and development, fitness centers, general office space, or medical practices. Its strategic location provides easy access to Route 3, ensuring convenient commutes for employees and clients. The property benefits from its proximity to numerous amenities, including the popular Derby Street Shops, the Union Point master-planned development, and the South Weymouth Commuter Rail station, offering employees diverse options for shopping, dining, and transportation. Planned building upgrades further enhance the property's appeal. This exceptional property combines functionality, accessibility, and a desirable location, making it an attractive option for businesses seeking a versatile and well-situated space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,640,000
- 6.5%
- $4,420,000
- 7%
- $4,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,600,000
- Geo Method
- $5,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,145,000
- Retail
- $4,925,000
- Mixed-Use
- $5,270,000
- Hospitality
- $5,175,000
- Educational
- $5,265,000
- Residential Income
- $3,935,000
- Energy
- $3,990,000
- Income-Based Land
- $5,265,000
- Food Service
- $4,315,000
Location Insight
- Map
- Local Demand
- City
- Hingham
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.9184
- Latitude
- 42.161
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA