Property profile & analytics
83 Morse St Norwood, MA 02062
- Warehouses
- 69,004 SF
- 2.68 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
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.
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 valuation — 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
