Norwood Route 1 Commercial Property Sells for $2.3 Million

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NORWOOD, MA — DMG Brokerage has closed the sale of 924 Boston Providence Turnpike, a commercial property along Route 1 in Norwood, for $2.3 million.

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The property includes a 2,175-square-foot freestanding building on approximately 0.79 acres. Its Route 1 frontage, on-site parking and drive-in door offered a combination of visibility and practical space along Norwood's commercial corridor.

Daniel Gardner of DMG Brokerage represented the seller. The transaction closed in late August after the parties worked through several moving pieces to reach the closing table.

Route 1 properties in Norwood draw interest from buyers who need both a visible location and a site that works for their business

"Route 1 properties in Norwood draw interest from buyers who need both a visible location and a site that works for their business," said Gardner. "This sale shows the value of staying engaged and working through the details of a commercial transaction."

DMG Brokerage works with owners, buyers and tenants across the Greater Boston commercial real estate market, with a focus on industrial, flex, retail and office properties. Property owners considering a sale or lease in Norwood or the surrounding area can learn more at www.dmgbrokerage.com.

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