124 Washington StNorwell, MA 02061

Property Details for 124 Washington St

Year built

1979

Construction

FRAME

Lot size

0.68 AC

Property size (Sq ft)

7,387 SF

Property type

Office buildings

APN

NORW M:19 L:10

APU

NORWM19L10

Description

This exceptional 1,600 square foot commercial space at 124 Washington Street in Norwell, Massachusetts, presents a fantastic opportunity for a discerning business. Located in the highly desirable South Shore submarket, specifically the South of Boston cluster, this single-tenant property boasts a prime location on the busy Route 53/Washington Street corridor. The space is currently configured as an open floor plan, offering maximum flexibility for a variety of uses. Zoned for General Business/Commercial use, it's ideally suited for retail or office tenants. The unit is situated on the first floor, providing convenient street-level access. A key advantage is the presence of ample parking both in front and in the rear of the building, ensuring easy access for customers and employees. Further enhancing its appeal, the property is adjacent to a thriving coffee shop and restaurant, creating a synergistic environment and increased foot traffic. The space includes a private bathroom and features both front and rear entrances, offering versatility in layout and operations. This is a rare opportunity to secure a well-located, adaptable space in a thriving commercial area. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,221,292

  6.5%

  $1,127,346

  7%

  $1,046,822

• Comparable approach

  Method

  Valuation

  Relative Method

  $965,185

  Geo Method

  $965,185

• Alternative Use

  Use

  Valuation

  Residential

  $1,397,909

  Hospitality

  $1,280,477

  Educational

  $1,065,342

  Medical

  $1,101,981

  Retail

  $1,657,199

Location Insight

City

Norwell

County

Plymouth

State

Massachusetts

Latitude

42.1702

Longitude

-70.8771

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].