Wellesley Retail Space - For Rent & Sale

Typical Properties

From freestanding complexes to dense downtown developments, there are a range of commercial suites available in this town.

The property at 570-574 Washington Street is located in the heart of the city, and features a two story structure with ample display panes on the ground floor, and banks of bay windows on the second story. Built in 1930, the structure has been superbly maintained and has a number of bright, welcoming canopies over the storefront. The busy sidewalk is adjacent to a well-trafficked street. With 19,730 square feet of leasable area, the building has suites of 1,127 square feet to 2,308 square feet available for lease.

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Meanwhile, the property at 8 Church Street is distinguished by its prominent canopy that also doubles as business signage, and is bordered by a paved alleyway. Built in 1925, this single story building has 30,000 square feet of leasable area, with suites ranging from 2,326 to 4,300 square feet available. With plentiful street parking and a location that is 0.4 miles from the nearest MBTA Commuter Rail line stop, this structure is ideally located for all potential customers.

Located at 42 Washington Street, the three story brick and clapboard structure was built in 1967, and has been well maintained. With 7,500 square feet of total leasable area, the structure has a 2,500 square foot commercial suite on the ground floor which features a fairly configurable floor plan. The property is located near Route 16 and Route 128, and is incredibly accessible via other means of transport as well. The nearest MBTA Commuter Rail line station is 0.6 miles away.

The expansive tan and yellow clapboard complex at 103 Central Street is notable for both its excellent location close to downtown and its ample white fences which create an alluring visual perimeter. Built in 1830, the 10,500 square foot structure features a number of differently sized units for both office and retail purposes, ranging from 650 square feet to 3,187 square feet. The ground floor units face out to the fence and the surrounding sidewalk through windows with elegant mullions that form a crosshatch design. This immaculately restored property is appealing on many different levels.

The property at 260-280 Washington Street is located on a large parking lot just up the street from Wellesley Hills off Route 9. Built in 1980, the low slung complex has a bright white exterior with numerous chimneys, canopies, and potted plants creating a cozy yet professional look. Highly accessible from the road, the 15,500 square feet of total leasable area are divided into a number of small suites, each of which has a large display pane facing the parking lot. Suites as large as 4,442 square feet are available in this complex.

Another bright series of commercial suites are located at 74-102 Central Street, which is located close to downtown. Built in 1947, the series of storefronts has a total leasable area of 57,008 square feet spread out over a number of smaller units. Each of the units has a slightly different design to create the feeling of a miniature city or town block. In 2012, the structure underwent a complete renovation, which in addition to reshaping the interior resulted in a series of trees and park benches being arrayed along the street to create a pleasant urban atmosphere. Suites from 1,348 square feet in size to 2,472 square feet are available for lease.

The property at 978 Worcester Street is located off Route 9 near a lake and Wellesley College. Located on a lot 2.32 acres in size, the complex is primarily residential, and has 24,485 square feet of leasable space. Built in 2016, the property has four stories, with the commercial segment spanning two stories in height total. The commercial suites are located on a parking lot and surrounded by trees. The interiors feature carpeted floors and recessed lighting.

Average Renting and Buying Prices

The average rent in this area for a commercial suite usually ranges between $3.40 to $4.15 a square foot per month. The purchase price for a square foot of commercial property on average is $400 per square foot.

The property at 91 Central Street is, as the address would suggest, located very near the center of downtown. Built in 1910, it has retained all the charm of the original architectural period while simultaneously upgrading its internal amenities, making it an ideal place for a contemporary business. With 8,500 square feet of total space, ground floor suites of 1,705 square feet are available. With forty feet of frontage, the commercial suite is ideally positioned to attract both foot and vehicular traffic. The rent for this space is $4.16 per square foot per month.

Meanwhile, the property at 110 Cedar Street is located on an ample parking lot and has two stories of commercial suites housed in a professional brick building. With 30,000 square feet of total space, the building was built in 1969 and features a landscaped perimeter with shrubbery and trees. Suites of 5,000 square feet are available for lease. The rent for this property is $2.25 a square foot per month.

Those seeking large amounts of interior units that can be configured to a custom setup should investigate the property at 888 Worcester Street, which features 74,786 square feet of suites near the Overbrook neighborhood. Sited on a lush lawn with numerous trees nearby, this property was built in 1974 and offers commercial units ranging from 200 square feet to 5,930 square feet in size. There is an enormous amount of onsite parking available, and the property can be accessed from Route 9. The rent for this facility is $4.00 per square foot per month.

The property at 49 Walnut Street features an onsite parking lot and an arresting one story structure with a dark gray facade and a white columned entryway. Built with a long access ramp to accommodate those in wheelchairs, the building is located near Wellesley Lower Falls and has a total of 4,300 square feet of leasable space. A suite of 2,150 square feet recently was placed on the market, and is perfect for a medically-oriented business. The structure offers views of the Charles River, and is close to a number of other businesses, including restaurants, banks, and a post office. The rent for this property is $2.92 per square foot per month.

The units at 170 Worcester Street are housed within a well maintained brick building that features undulating strips of plaster and signage displayed on the exterior walls. Canopies cover the main entrances, and open out onto an onsite parking lot. Built in 1966, the building has a total of 12,000 square feet of available space to lease, with suites of 400 to 3,900 square feet available over its two floors. The nearest MBTA Commuter Rail line is located 2.5 miles away, and the property is easily accessible via Route 9. The rent for this property is $2.08 a square foot per month.

Real Estate News

Because of its close proximity to Boston, this area is experiencing a number of new proposed projects to create more housing and mixed-used developments. A property of 61,774 square feet has been proposed for the town near Delanson Street. This project would add 90 residential units to the city, and create opportunities for more mixed use units that could capitalize on the additional residents in the area. The six story building will feature ample, spacious units on the ground floor that can be easily turned into commercial suites.

This new development will take advantage of the steep grade of the site to place a number of landscaped terraces that use setbacks to blend artfully into the existing fabric of the neighborhood. This will be complemented by light-toned masonry on the ground floor and a varying color scheme for the cladding that purposefully mimics the tone of the overall area. In its current incarnation, the proposed development would also add 100 parking spaces.

In December 2017, ground was broken at 900 Worcester Street on another new project that will be creating units for retailers. The Wellesley Sports Center will contain numerous suites for enterprises that wish to sell sports equipment, paraphernalia, concessions and other related items. The structure will contain 4,800 square feet for a fitness area and 6,600 square feet for strength and conditioning, and will be classified as a commercial enterprise, open to outside groups for use and rent. The facility will also add 367 parking spaces to the area.

The center of town is no stranger to development. The Linden Square development opened relatively recently, and features 250,000 square feet of mixed-use units. Two new restaurants will be opening in the complex, providing residents with more choices. Meanwhile, there is a group known as the Wellesley Square Initiative that is actively seeking suggestions on how to create a sustainable, vibrant center of commerce in Wellesley Square. The group, which is composed of merchants and other property owners, seeks to develop a thriving pedestrian culture as well as a stronger business core in that specific area of town. The Initiative has already generated funding for greater wayfinding plans, which focuses on upgrading the readability and visibility of signage.

The area has become famous for being the site of numerous large-scale mansions and other extraordinary housing that caters to well-known residents. Property values in this city have been steadily climbing for the past decade, and show no signs of slowing down. Additionally, the presence of Wellesley College increases the need for more commercial suites. Investors who are seeking an excellent market opportunity would do well to lease or own property in this town.

Sign Up Benefits

With so many complexes, freestanding structures, and proposed large-scale projects, this city has a bounty of properties that will easily interest an online audience. However, the best way to see any property isn’t by its listing, but by visiting it in person. It can be tiring to scroll through listings and attempt to contact the owners, often without instant success. Luckily, we offer a viewing service that makes it incredibly easy and time-efficient to see the property when you want to see it.

By signing up with our service, you’ll be privy to immediate responses and rapidly arranged appointments for viewing. Whether you are seeking a mid-sized suite in the center of downtown or a parcel of undeveloped land for future endeavors, our service helps you arrange appointments at your convenience so you can begin acquiring the information you need.

We’ve spent years providing excellent service to our clients. We attempt to understand what specific property type you are looking for, as well as your budget, desired lease terms, and desired amenity list. We then help match you with properties that we believe will likely fulfill your entire list, and then arrange an appointment to view those properties that interest you the most. We also can help speed up the process between finding a property and contacting the owner or broker responsible for that parcel. Instead of being shuffled into a waiting queue, we help our clients literally get their foot in the door, instead of simply clicking on a listing and hoping for the best.

In this city, we are currently actively monitoring several sites of proposed development, as well as updating our listings as new units become available in existing properties. In addition to the Linden Square and Wellesley Square Initiatives, we are keeping a close eye on the potential construction of several mixed-use projects that will feature brand new commercial units. Most of these projects locate their commercial suites on the ground floor, although in some cases the complexes feature a multi-tier, stacked presentation that enables storefronts to expand to several different levels.

No matter if our clients wish to lease or to buy, we can help identify those properties that have an excellent track record in terms of maintenance, landlord reliability, and other structural issues. We want to continue to sustain the excellent relationships we’ve developed over the years with local community members by bringing excellent tenants into the mix. By signing up with our service, our clients get preferential treatment by securing the best viewing appointments. Leave the logistics to us: we make it easy to find, see, and secure the property you want.

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Retail Space