57 Water St # 57, Hingham MA 02043
Hingham, MA 02043
$1,399,000
$1,050,000
Est. $6,225/month
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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.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
24.9%
Price Range
Property Timeline
Price Reduced
Aug 13, 2026
$1,050,000
$149,000
(-12.43%)
From $1,199,000 to $1,050,000 (-12.4%)
Price Reduced
May 8, 2026
$1,199,000
$200,000
(-14.3%)
From $1,399,000 to $1,199,000 (-14.3%)
Listed for Sale
Dec 23, 2025
$1,399,000
Original listing
Agent: Darleen Lannon
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/13/2026 | ↓ Price Reduced | $1,050,000 | $149,000 | - | From $1,199,000 to $1,050,000 (-12.4%) |
| 05/08/2026 | ↓ Price Reduced | $1,199,000 | $200,000 | - | From $1,399,000 to $1,199,000 (-14.3%) |
| 12/23/2025 | 🏠 Listed for Sale | $1,399,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,593 | — |
Financial Details
Annual Property Tax
$8,593
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Lot Size
0.0000
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Asphalt/composition Shingles
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Natural Gas Available
Financial
Annual Tax
$8,593
HOA & Community
HOA
Yes
Fee Includes
Insurance, Trash
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Water St Condo Association Fees Are An Approximately An Additional $560 A Month
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Plymouth
Property Overview
Listing Type
For Sale
Year Built
1900
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Asphalt/Composition Shingles
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Hingham School District local
A+
School Safety
2024-25
0.3%
Low
0.2%
Suspensions
0.2%
In-School
0.1%
Emergency
5.2% below state avg
Elementary Schools
8 schools
St. Paul Elementary School
0.4 mi
Grades PK-08
Derby Academy
0.7 mi
Grades PK-08
Su Escuela Language Academy
2.0 mi
Grades PK-08
A+
East Elementary School
1.0 mi
|
#3 of 824
|
Score: 67.7
Improved 23 spots from last year
+9.5 above state avg
502 students
Less Diverse
Rising School
Strong Attendance
Grades K-05
A+
Wm. L. Foster Elementary School
1.1 mi
|
#34 of 824
|
Score: 63.6
Improved 29 spots from last year
+5.4 above state avg
402 students
Less Diverse
Rising School
Strong Attendance
Grades PK-05
A+
Plymouth River Elementary School
2.5 mi
|
#18 of 824
|
Score: 64.8
Dropped 9 spots from last year
+6.6 above state avg
352 students
Less Diverse
Strong Attendance
Grades K-05
A+
South Elementary School
3.0 mi
|
#69 of 824
|
Score: 61.0
Dropped 36 spots from last year
+2.8 above state avg
496 students
Less Diverse
Strong Attendance
Grades K-05
Old Colony Montessori School
4.5 mi
Grades PK-05
Middle Schools
1 school
A
Hingham Middle School
4.4 mi
|
#38 of 352
|
Score: 58.7
Dropped 23 spots from last year
+0.4 above state avg
798 students
Less Diverse
Grades 06-08
High Schools
3 schools
Fusion Academy Hingham
4.5 mi
Grades 06-12
A+
Hingham High School
1.3 mi
|
#29 of 346
|
Score: 71.1
Dropped 9 spots from last year
+12.9 above state avg
1,066 students
Less Diverse
20 sports
• 2,536 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Notre Dame Academy
4.1 mi
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$716
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
57 Water St # 57, Hingham MA 02043
Hingham, MA 02043
Listing Information
Listing Agent
Darleen Lannon
Listing Office
William Raveis R.E. & Home Services
Office Phone
781-749-3007
Agent MLS ID
NB115238
Office MLS ID
M80002
Listing Data Updated
Aug 17, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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