The Red Barn on 53 – 453 Columbia Rd, Hanover, MA 02339
Price: $995,000 • Building Size: 4,250?SF • Lot Size: 1?acre • Parking: 20+ spaces • Zoning: Retail/Office + Residential
Property Overview
Prime, high-visibility location on heavily trafficked Route 53—excellent drive-by exposure.
Expansive 1-acre lot ideal for business operations, outdoor features, and future expansion.
Convenient 20+ off-street parking spaces, offering easy access for staff and visitors.
Option for 3 separate rentable units, each with 1 bathroom (1 includes shower)- or combine for your needs.
Upgraded Exterior & Systems:
Low-maintenance composite siding that delivers classic aesthetics without the upkeep.
Durable Trex decking ensures a clean, long-lasting outdoor patio/entrance area- with updated entry ramp.
Efficient mini-split HVAC units on each level provide zoned heating and cooling—cutting energy costs and increasing tenant comfort.
High-traffic location: ideal for brand awareness and no-cost advertising with 24/7 visibility (Timed spotlights illuminate marquee sign at street frontage to showcase your business).
Flexible Mixed-Use Layout
Ground floor features a modern retail/office space with high ceilings—previously home to an upscale consignment gallery and boutique lighting showroom.
Includes two private offices and a dedicated bathroom for staff or customers.
Second floor currently configured for office use and can easily revert to a one-bedroom residential unit—complete with open concept kitchen, living, full bath and loft space.
Third-level space is separately accessed, now leased to a quiet and low maintenance “tenant at will,” offering immediate cash flow.
Key Highlights
Zoned for retail, office, and residential—ideal for owner-occupiers or income-oriented investors.
Modern aesthetic with new composite siding and deck—strikes a balance between charm and low upkeep.
Zoned mini-split HVAC systems enhance tenant appeal.
Rare 1-acre parcel provides a solid parking ratio and branding opportunities.
Positioned close to Hanover favorites including Previties, Tractor Supply, Planet Fitness, Dunkin’, and more—joining a bustling retail corridor.
Why It’s a Smart Buy
Move-in ready with premium exterior, mechanical upgrades and neutral interior paint colors.
Exceptional versatility—live/work or lease out easily.
Immediate income from existing tenancy; plus, strong rent upside.
Excellent frontage + parking ratio = long-term value and branding potential.
Retail corridor access boosts retail/office traffic and tenant mix.
Don’t let this unique owner/user or investor opportunity pass you by.
Brief description:
This exceptional mixed-use property at 453 Columbia Road in Hanover offers a rare opportunity to own a beautifully upgraded building in a prime, high-traffic location. Set on a full acre with over 20 parking spaces, the property features a low-maintenance exterior with composite siding and Trex decking, as well as energy-efficient mini split heating and cooling units on each level. The flexible layout includes a modern retail or office space on the first floor, a second floor with residential or office potential, and a third-floor suite currently leased to a law practice for immediate rental income. Zoned for both commercial and residential use, this building is perfect for owner-occupiers or investors seeking income and long-term value. Surrounded by popular retailers and just steps from Route 53, the location offers excellent visibility and access. With thoughtful upgrades, solid income potential, and future flexibility, this property is an outstanding investment in one of the South Shore’s most desirable commercial corridors.