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    83 Morse St Norwood, MA 02062
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    Property profile & analytics

    83 Morse St Norwood, MA 02062


    • Warehouses
    • 69,004 SF
    • 2.68 lot acres
    Turnkey Restaurant Space in Norwood For Lease
    $42 SF/Yr
    4,695 SF

    Turnkey Restaurant Space in Norwood

    Fully equipped restaurant space available for rent in Norwood, MA.

    83 Morse St, Norwood, MA
    View Listing
    Property ID
    US38-0565932
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Clarity Experiences / IT Consulting Firm / Tech Support Center
    • The Drawer Guy / Hardware & Home Improvement
    • The Restoration Operators / Hardware & Home Improvement / Construction Company
    • Night Knight / Department Store

    Property Details for 83 Morse St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.68 lot acres
    Property size
    69,004 SF
    Property type
    Warehouses
    APN
    NORW M:00010 B:0004H L:00034
    APU
    NORWM00010B0004HL00034

    Description

    This exceptional turnkey restaurant opportunity is located at 83 Morse Street in Norwood, Massachusetts, 02062. The 4,695 square foot space, part of a larger 69,004 square foot building constructed in 1925 and extensively renovated in 2024, offers a unique chance for a seasoned operator. Situated within a building also housing a prominent glass blowing factory, this multi-level space is designed to accommodate over 125 patrons. The restaurant will be fully equipped with all major kitchen equipment upon completion in Fall/Winter 2024. This presents a rare chance to establish a thriving business in a vibrant location without the extensive upfront costs associated with building out a kitchen. The space's prime location and the building's unique character offer significant potential for attracting a diverse clientele. A key money requirement of $100,000 is in place. This is a retail space within a multi-tenant building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,320,000
      Market price range: $6.32M - $18.4M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2059
    Latitude
    42.1721
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $64,919
    $892,700
    $1,821,300
    $2,714,000
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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