1399 Washington St is a commercial office space building consisting of seven offices and nine half baths. Front parcel lot, sitting on just shy of ¾ of an acre, located directly in front of the recently completed development, Hanover Crossing! With easy access to routes 3 and 53- this commercial office space building sits dead center on one of the busiest retail corridors in the area! What was once a quaint and quiet mall, has now been transformed and revamped into one of the highest trafficked shopping/lifestyle centers not just in Hanover, but the entire south shore!
Financials are all actual FY2024. Property is 43% vacant, including the premier 1st floor unit which was being used a 2200sqft medical practice. Please see attached offering memorandum which gives a break down of the rent roll and expenses at current and estimated full occupancy.