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1112 Washington St 7,564 SF 100% Leased Retail Building Hanover, MA 02339 $1,999,000 ($264.28/SF)
INVESTMENT HIGHLIGHTS
- Fully occupied
- Excellent condition
- Located on Route 53,near Route 3
EXECUTIVE SUMMARY
Fully occupied office/retail building. Located on Route 53, close to Route 3. Surrounded by multiple retail, office, Banks, Restaurants. Just down from Hanover Crossing. Excellent visibility and signage. Long time tenants. Strong NOI.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,564 SF
Building Class
C
Year Built/Renovated
1986/2015
Price
$1,999,000
Price Per SF
$264.28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.20
Lot Size
0.87 AC
Zoning
C - Commercial
Parking
18 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
70’ on Washington St
AMENITIES
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $710,000 | |
| Land Assessment | $406,500 | Total Assessment | $1,116,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$406,500
Improvements Assessment
$710,000
Total Assessment
$1,116,500
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1112 Washington St
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