Last Updated: 2/21/2017 8:03 AM
Description for 505 Washington St Norwell, MA 02061
OVER 2.2 HIGH VISIBILITY ACRES DIRECTLY ON BUSY RT 53. Last traffic count from MASSDOT was in 1995 at 15,000 cars/day AADT (average annual daily traffic). Current tenants in two buildings are a dry cleaner (tenant at will, $5,500/month NNN) and a nail salon (about 1 year into a 3 year lease with a 3 year option $925/month NNN). There is significant soil contamination from dry cleaning activities, believed to be from the past, not ongoing. Property is subject to an Administrative Consent Order by MASS DEP. Copies of MA DEP documents are available online, or can be obtained through the listing agent. Norwell Conservation states that remediation will involve redirection of the flow of groundwater. ***SELLER WILL CONSIDER ALL OFFERS***
Exterior / Lot Features
10 Parking Spaces,
Current market conditions for 505 Washington St
Active Market Trends
Median list price$789,000
Days on market156
Properties for sale48
Sold Market Trends
Median sold price$672,500
Sales to list price9,677.0%
Median sq ft price$244
Arrows indicate 90 day trend
Listing Price History for 505 Washington St
Norwell Real Estate
Norwell is located in Massachusetts. Norwell, Massachusetts 02061 has a population of 10,501.
The median household income in Norwell, Massachusetts 02061 is $114,213. The median household income for the surrounding county is $74,722 compared to the national median of $53,046. The median age of people living in Norwell 02061 is 43.1 years.
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