453 Columbia Rd - Office FOR SALE


Hanover, MA 02339
$995,000 USD
781-217-4580
453 Columbia Rd, Hanover, MA for Sale
$995,000 USD
Office - FOR SALE
1/51
null | Request Cap Rate

453 Columbia Rd
Hanover, MA 02339


HIGHLIGHTS

  • Highly Trafficked Road
  • Mixed Use Offering a LOT of Flexibility and Income Potential
  • Modern Appearance and Charm with Heat and AC

OVERVIEW

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 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. Side door access via a ramp or stairs, there is an excellent opportunity for a waiting room and/or cash wrap area. Second floor currently configured for office use and offers a full kitchen, full bath, and open space for hosting larger meetings or collaboration. Two offices/rooms allow for working with clients or private work stations. Third-level space is separately accessed and features ground level entrance, with handicap ramp, opening into a well lit space with a large dedicated office, conference room, kitchenette and restroom. Can be set up with cubicles for staffing needs or the floor plan allows for your business equipment as well. Key Highlights Zoned for retail and office use —ideal for owner-operators 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. Ability to lease out 1, 2, or 3 units for rental income to offset expenses. Excellent frontage + parking ratio = long-term value and branding potential. Retail corridor access boosts retail/office traffic. 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 office potential, and a third-floor suite currently set up for office 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.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Red Barn on 53

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B, Hanover

APN/PARCEL ID

HANO-000066-000000-000072

ASK ABOUT THIS PROPERTY

Emmie FlahertyKeller Williams Colonial PartnersMore Info
781-217-4580

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Emmie FlahertyKeller Williams Colonial PartnersMore Info
781-217-4580

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