Commercial and Industrial Property Characteristics
- Scituate has approximately 913,000 square feet of commercial building space. Retail and professional office space account for almost half of that total, whereas restaurants account for about 65,000 total square feet, and hotels 23,000 square feet, both quite low for a town its size.
- There is a moderate supply of industrial space (121,000 square feet), much of which is in use for maritime related uses.
- Commercial/industrial spaces are relatively old with an average age of 49 years. Only 14% of total C/I space has been constructed since 2000 (mostly recreational and office space).
- An analysis of the Assessors records [LINK] indicate that there are approximately 255 acres of vacant land identified as potentially developable (without major environmental constraints).