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306 Washington Street 306 Washington St 11,569 SF 65% Leased Office Building Norwell, MA 02061 $2,000,000 ($172.88/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,569 SF
Building Class
B
Year Built
1985
Price
$2,000,000
Price Per SF
$172.88
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,785 SF
Building FAR
0.16
Lot Size
1.63 AC

AMENITIES

  • 24 Hour Access
  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 105
  • 753 SF
  • Office
  • -
  • 30 Days

Large open single office available with space for desk and conference table/meeting area or open cubes. Excellent space for a financial advisor, attorney, CPA, etc.

  • 2nd Fl-Ste 201
  • 1,400-2,743 SF
  • Office/Medical
  • Full Build-Out
  • Now

Now available at 306 Washington Street in Norwell, 1400-2743 square feet of second floor office space. This conveniently located professional office building has outstanding visibility and pylon signage on Route 53. Available suite currently has five large offices, a conference room, cube space, break area, private bathrooms, and a large reception/waiting area. Common area access to a kitchen/break room and multi-stall bathrooms. Accessible via an ADA wheelchair lift. Perfect space for a law firm, financial advisory practice, or other professional services providers with easy availability to convert to a medical use for the right long term tenant. Space has great detail throughout including crown moldings and great natural light. Ample parking available.

  • 2nd Fl-Ste 203
  • 1,257 SF
  • Office/Medical
  • Full Build-Out
  • Now

Now available at 306 Washington Street in Norwell, 1257 square feet of second floor office space. This conveniently located professional office building has outstanding visibility and pylon signage on Route 53. Available suite currently has an open floorplan with ample cube space, and one large executive corner office with a private bathroom. Common area access to a kitchen/break room and multi-stall bathrooms. Accessible via an ADA wheelchair lift. Perfect space for a law firm, financial advisory practice, or other professional services providers with easy availability to convert to a medical use for the right long term tenant. Space has great detail throughout including crown moldings and great natural light. Ample parking available.

Space Size Space Use Condition Available
1st Fl-Ste 105 753 SF Office - 30 Days
2nd Fl-Ste 201 1,400-2,743 SF Office/Medical Full Build-Out Now
2nd Fl-Ste 203 1,257 SF Office/Medical Full Build-Out Now

1st Fl-Ste 105

Size
753 SF
Space Use
Office
Condition
-
Available
30 Days

2nd Fl-Ste 201

Size
1,400-2,743 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 203

Size
1,257 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 105

Size 753 SF
Space Use Office
Condition -
Available 30 Days

Large open single office available with space for desk and conference table/meeting area or open cubes. Excellent space for a financial advisor, attorney, CPA, etc.

2nd Fl-Ste 201

Size 1,400-2,743 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Now available at 306 Washington Street in Norwell, 1400-2743 square feet of second floor office space. This conveniently located professional office building has outstanding visibility and pylon signage on Route 53. Available suite currently has five large offices, a conference room, cube space, break area, private bathrooms, and a large reception/waiting area. Common area access to a kitchen/break room and multi-stall bathrooms. Accessible via an ADA wheelchair lift. Perfect space for a law firm, financial advisory practice, or other professional services providers with easy availability to convert to a medical use for the right long term tenant. Space has great detail throughout including crown moldings and great natural light. Ample parking available.

2nd Fl-Ste 203

Size 1,257 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Now available at 306 Washington Street in Norwell, 1257 square feet of second floor office space. This conveniently located professional office building has outstanding visibility and pylon signage on Route 53. Available suite currently has an open floorplan with ample cube space, and one large executive corner office with a private bathroom. Common area access to a kitchen/break room and multi-stall bathrooms. Accessible via an ADA wheelchair lift. Perfect space for a law firm, financial advisory practice, or other professional services providers with easy availability to convert to a medical use for the right long term tenant. Space has great detail throughout including crown moldings and great natural light. Ample parking available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NORW-000031-000000-000058
Land Assessment
$470,100
Improvements Assessment
$1,053,100
Total Assessment
$1,523,200
  • Listing ID: 37804315

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 306 Washington St, Norwell, MA 02061

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