1271 Washington St

Hanover, 02339, USA

Overview

Ellis Realty Advisors is pleased to offer this compelling opportunity to acquire a fully leased, 18,600 square-foot multi-tenant retail property located at 1271 Washington Street in Hanover, Massachusetts. The property benefits from its position along the Route 53 / Washington Street commercial corridor on Boston’s South Shore, surrounded by major national retailers including Target, Trader Joe’s, and the recently redeveloped Hanover Crossing lifestyle center.
The property is anchored by Curry Ace Hardware, a legacy South Shore retailer now owned and operated by the Aubuchon Company—the oldest and largest family-owned hardware chain in America. With a diversified tenant mix spanning hardware retail, professional health services, signage & graphics, tax preparation, and wellness retail, the asset delivers a stabilized Net Operating Income of approximately $409,488, offering attractive risk-adjusted returns across a range of cap rates.

Location Overview

Steps away from Hanover Crossing, this retail plaza sits along Route 53 with easy Route 3 access.

Highlights

• 100% Occupancy with Diversified Tenant Base
• Nationally Backed Anchor Tenant
• Strong Net Operating Income
• Established South Shore Retail Corridor
• Multiple Franchise-Backed Tenants