306 Washington St - Medical FOR SALE


Norwell, MA 02061
$2,000,000 USD
603-560-2710
306 Washington St, Norwell, MA for Sale
$2,000,000 USD
Medical - FOR SALE
1/13
null | Request Cap Rate

306 Washington St
Norwell, MA 02061


HIGHLIGHTS

  • Outstanding visibility and signage
  • Well maintained asset - no deferred maintenance
  • Mix of office, medical, and retail tenants - highly recession resistant mix
  • Ideal owner-occupant opportunity with ability to scale business into additional space over time

OVERVIEW

Prominently located free-standing office building on Route 53 in Norwell available for sale. Rare opportunity for an owner-occupant with up to 4000 square feet immediately available. Building has benefitted from stable long term tenants making this an excellent investment opportunity in a supply constrained market. Building offers outstanding presence with an oversized pylon sign which sees more than 12,000 vehicle per day traffic counts. Ample parking ratio of over 4.5 spaces per 1000 square feet.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

306 Washington Street

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

-

APN/PARCEL ID

NORW-000031-000000-000058

ASK ABOUT THIS PROPERTY

Bill KingdonEllis Realty AdvisorsMore Info
603-560-2710

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Bill KingdonEllis Realty AdvisorsMore Info
603-560-2710

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.