51 Mill StHanover, MA 02339

Property Details for 51 Mill St

Year built

2002

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

1,730 SF

Zone code

C

Property type

Office properties

APN

HANO M:18 L:020 U:21

APU

HANOM18L020U21

Description

This exceptional 3,200-square-foot office space is located in the desirable Mill Pond Office Park, Unit F, at 51 Mill Street in Hanover, Massachusetts, 02339. The property is classified as a traditional office space and offers a single, contiguous unit of 3,200 square feet, ideal for a variety of businesses. Situated in Plymouth County, this location provides easy access to major transportation routes, making commuting convenient for employees and clients. The space is available for lease and is perfect for a company seeking a well-maintained, functional office environment. The building's total square footage is 3,200 square feet, ensuring ample room for operations and potential expansion. This is a multi-tenant building, offering a collaborative and professional atmosphere. The property's precise geographic coordinates are latitude 42.14088461 and longitude -70.84075642. Interested parties are encouraged to inquire about lease terms and availability. This presents a unique opportunity to establish a presence in a thriving business community within a well-maintained office park. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $286,021

  6.5%

  $264,019

  7%

  $245,161

• Comparable approach

  Method

  Valuation

  Relative Method

  $226,042

  Geo Method

  $226,042

• Alternative Use

  Use

  Valuation

  Residential

  $327,384

  Hospitality

  $299,882

  Educational

  $249,498

  Medical

  $258,079

  Retail

  $388,108

Location Insight

City

Hanover

County

Plymouth

State

Massachusetts

Latitude

42.1405

Longitude

-70.8408

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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