Commercial Sale at 57 Water St # 57, Hingham MA 02043
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29 photos

$1,050,000

57 Water St # 57, Hingham MA 02043
Hingham, MA 02043
Listed by Darleen Lannon
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Prime business opportunity in the heart of downtown Hingham, just one block from Hingham Harbor. This updated, turn-key commercial building is currently used as a fitness studio and office space and offers flexibility for a variety of business uses. The first floor and most of the second floor have been renovated with new flooring and all-new mechanical systems. The interior is light and bright, creating a welcoming professional environment. Conveniently located near ample parking and close to the harbor and downtown amenities, this property presents an excellent opportunity for an owner-user or investor.

Property details

MLS
MLS Property Information Network
MLS #
73463532
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
305
On market date
December 23, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
East Elementary School
0.94 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
489
Student:teacher ratio
11.9:1
District
Hingham
Middle
Abigail Adams Middle School
3.31 mi away · Grades 6-7
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
784
Student:teacher ratio
10.5:1
District
Weymouth
High
Hingham High
1.19 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,205
Student:teacher ratio
12.7:1
District
Hingham

Walkability

Blended score for Hingham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

66
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes12
Grocery stores1
Parks16
Schools3
Transit stops19
Pharmacies0

Market position

How this listing compares to current activity in Hingham, from live MLS data.

On the market 305 days -- 197 more days than Hingham's current average of 108 days.
For reference, the median list price across 196 active listings in Hingham right now is $1,366,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.