1400 Providence Hwy - Norwood, MA
1400 Providence Hwy - Norwood, MA
Marketing description
Atlantic Capital Partners has been exclusively engaged to offer for sale 1400 Providence Highway, a 22,345 square foot, two-story commercial building located along the highly trafficked Route 1 corridor in Norwood, Massachusetts.
The Property is being delivered vacant, providing investors, owner/users, and developers with immediate control and flexibility to implement a variety of business plans. Potential strategies include owner/user occupancy, single or multi-tenant retail repositioning, office lease-up, or longer-term redevelopment supported by the Property’s ±2.00-acre site, existing parking field, and Boston Providence Highway District zoning.
Positioned along one of Greater Boston’s most active commercial corridors, the Property benefits from strong visibility, direct access to regional demand drivers, and proximity to a dense concentration of national retailers, restaurants, service providers, office users, and major employers. The surrounding trade area includes more than 148,000 residents within five miles with average household incomes approaching $187,000, reinforcing the corridor’s strength as both a consumer and employment hub.
The existing 22,345 square foot building offers a functional two-story layout, approximately 3.31 parking spaces per 1,000 square feet, and floor plates that may support single or multi-tenant occupancy. With immediate access to Route 1, proximity to I-95, I-93, and I-495, and location within an established Metro Boston submarket, 1400 Providence Highway represents a rare opportunity to acquire a well-located commercial asset with optionality in value-creation pathways.
Investment highlights
ESTABLISHED BUSINESS COMMUNITY - Norwood is home to more than 4,000 businesses employing over 25,000 people across life sciences, advanced manufacturing, healthcare, and professional services.
METRO BOSTON SUBMARKET STRENGTH - Norwood benefits from a diverse employer base, strong demographics, and direct connectivity to Boston, Dedham, Waltham, and other major employment hubs.
EXCEPTIONAL LOCATION & ACCESS - Immediate connectivity to I-95, I-93, and I-495, with proximity to Norwood Memorial Airport, and the University Amtrak Station, providing direct access across Greater Boston and New England.
ATTRACTIVE UNDERLYING ZONING - Located within the Boston-Providence Turnpike District, which supports a range of compatible commercial and office uses, providing flexibility for owner-users and investors alike to reposition or redevelop as market conditions evolve.
ROUTE 1 CORRIDOR VISIBILITY - Positioned along the Boston Providence Turnpike, one of Greater Boston’s premier commercial arteries benefiting from strong traffic counts, national retail adjacencies, and an established commercial environment.
EXPANSION & REDEVELOPMENT POTENTIAL - ±2.00-acre site with BPH zoning leaves meaningful excess land beyond the 22,345 SF building footprint, supporting future pad development, densification, or ground-up redevelopment as highest and best use.
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