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HIGHLIGHTS
- Newly painted and new flooring
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 900 SF | Negotiable | $36.00 /SF/YR $3.00 /SF/MO $32,400 /YR $2,700 /MO | Plus All Utilities |
1st Floor
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Hardwood Floors
- Yard
- Great space for office/retail; Lease or Purchase
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 900 SF | Year Built | 1930 |
| Property Type | Retail | Parking Ratio | 0.49/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | Summer St; Border St |
| Gross Leasable Area | 2,060 SF |
| Total Space Available | 900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,060 SF |
| Year Built | 1930 |
| Parking Ratio | 0.49/1,000 SF |
| Cross Streets | Summer St; Border St |
ABOUT THE PROPERTY
For Sale/ Lease as an Investment property or Owner occupied space; 97 Elm Street in Cohasset is currently fully occupied, the 1st floor tenant will be vacating this winter: This is an ideal opportunity for an Investor or small business owner, who might be looking for a new location in picturesque Cohasset Harbor. The 2nd floor is currently leased as a residential 1 bedroom apartment. 1st floor has been a retail boutique tenant. Refurbished wood flooring throughout, with many additional updates. Being across the street from the harbor and new development, the space could also be used as an office (when vacant). Includes 1 private bathroom on 1st floor, additional storage space in the lower level/basement. The property has new hot water service /heat pumps recently installed. Street parking options available. Buyer to perform all due diligence. Schedule a showing w/24 hrs advance notice. Rental rate is $2,700/month plus utilities. Call for details.
- Waterfront
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97 Elm St
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