Waltham, MA Commercial Real Estate for Sale and Lease
Are you looking to purchase or lease commercial real estate in Waltham, MA? Boston City Properties has you covered! We're experts when it comes to industrial space, retail space, office space and other commercial real estate offerings in this vibrant city. Our huge online database includes timely and accurate listings for commercial real estate for sale and for lease in this charming city, and we'll give you access to it for absolutely free.
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What to Expect
This vibrant city is located just 11 miles northwest of downtown Boston. Situated in Middlesex County, it has a population of around 60,500 at the time of the 2010 U.S. Census. It's large enough to support a diverse economy, and businesses here span many industries. You can easily find businesses for sale, commercial investment properties and other offerings by availing yourself of Boston City Properties' considerable online resources as well as our experienced team.
Business Districts
Commercial properties for sale and lease in this city are located all over town. There is a fairly compact retail corridor that's home to many stores and restaurants. Many office buildings and office parks are located here, as the city is known for being home to many corporations. Industrial and manufacturing space tends to be a bit limited, but you can easily find what's available at any given moment by searching our listings.
Commercial Space in Waltham, MA
Whether you're going to buy or lease, finding commercial space in this bustling city is a snap with Boston City Properties. The economy here is dominated by industries like research and development, technology, marketing and defense, so there's an eclectic array of options in terms of commercial space for sale or lease. By teaming up with Boston City Properties, you will gain the advantage of having insider's knowledge at your fingertips, and our helpful agents are always just a quick call away.
Quickly Find Commercial Real Estate
The easiest and fastest way to find Waltham, MA, commercial space is by signing up for free access to our vast, searchable database, which you can do directly on this page. Just complete and send in the form to begin. In an instant, you can start searching and browsing our continually updated listings, which are loaded with useful information that allows you to make an informed decision. There's simply no better way to find great commercial space here or in any other Massachusetts city or town.
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If you're ready to find exceptional commercial space in Waltham, MA, do yourself a favor and sign up to access our database right now. Adjust your search parameters to find properties that suit your budget, objectives and needs. Later, after narrowing things down a little, contact us to be connected with local real estate experts who can take you to check out properties and otherwise assist you in your search. For more information, give Boston City Properties a call today.
Commercial Investment Properties
Today, this city is known as a thriving center for research and commerce. It is the home of Bentley University and Brandeis University, so many residents work or attend school at these universities. Even though the commercial center has changed over the years, the city still has the name of Watch City. It developed this name because it was once the headquarters of the Waltham Watch Company's manufacturing. In addition, the town was home to the Boston Manufacturing Company and the Waltham-Lowell system of production and labor.
Because of its unique history, investors will still find a number of large estates in the area. Many of these are now on the National Register of Historic Places, but there are still a few estates available for sale.
The center of the town is focused around Waltham Common. This area is where City Hall and Main Street are located. This area also includes local shops, the post office and the town library. Other than a traditional town square, the community is also the focus of many company headquarters. These include companies like the Educational Development Center, Care.com, Commonwealth Financial Network, Raytheon, StudentUniverse and Constant Contact.
Retail investors will find that most of the retail activity is focused around Main Street. Other retail-focused areas can be found on River Street, Moody Street, First Avenue and Lexington Street. Some areas of Route 60 are also devoted to retail shops. The top employers in the area are Brandeis University, Cimpress, Bentley University and Bank of America.
Investors can enjoy having properties that are close to major transportation routes. Because of the city's proximity to other areas, it will only continue to grow in the near future. Some of the major roadways nearby include Route 128, Interstate 95 and Interstate 90. Many state highways are nearby because this town is a part of the Cambridge-Boston-Quincy metropolitan area.
Business commuters typically enjoy living this area because of the public transportation options. The MBTA bus service is available in the area, but there are also two stops on the MBTA's Fitchburg-Boston line. Plus, annual festivals like Latinos en Acción or the Waltham Food & Wine Festival bring in a stream of tourists.
The housing stock in the city varies from place to place. Investors can find Colonials and Victorian homes throughout the city. In many of the city's former factories, loft condominiums and apartments have been constructed. In addition, there are several historic districts that offer unique architecture from the city's past. While the median home sells for $462,100, the home values have risen in just 7.2 percent in the last year. Now is a good time to invest since the prices are only expected to rise in the coming year.
Office Space Market
There are many different office spaces available in this town. Some examples can be found at locations like 200 Fifth Avenue. This building includes Energy Star fixtures, an on-site cafeteria and an open workstation area. Renters will discover three conference rooms and nine offices. The on-site fitness center includes lockers and showers. In addition, there are hiking trails to nearby woodlands. Since there are three buildings in the office park, shuttle service is also available.
At 235 Bear Hill Road, renters will find units ranging from 1,284 to 2,760 square feet in size. Right now, there are five units available in this building. Built in 1960, it offers an annual rent of $24.50 per square foot.
One of the most modern buildings can be found at 500 Totten Pond Road. This office building was just constructed in 2016. Known as 10 CityPoint, this Class A building includes amenities like shared conference space and garage parking. Outfitted with a roof deck, it includes a fitness center and a cafeteria. Currently, it is the home of Wolverine Worldwide. Renters can enjoy having a location that is just off of Route 128.
The Hillcrest Medical & Professional Building is placed at 210 Bear Hill Road. Constructed in 2001, the building leases to dental, medical and professional tenants. It is placed within the heart of a thriving medical community. This building is constructed with ribbon windows and a steel frame. For parking, renters can check the reserved parking underneath the building. Placed on six acres, it is a part of the Hillcrest Office Park. It is only minutes away from Interstate 95 and Route 128.
Retail Space Market
One of the most famous retail locations in the town is on Main Street. In 1936, the Waltham Supermarket was set up at the site. While the original supermarket closed in the 1990s, it is now occupied by Hannaford.
Meanwhile, restaurants are often located in the downtown area and near the Charles Riverwalk. On Moody Street, entrepreneurs will find a range of restaurants, shops and bars. These include destinations like the Embassy Cinema, Outer limits, the Gaff and Gourmet Pottery. Because of its access to the commuter rail, Moody Street is the place to go if you want to set up a restaurant or nightlife-related business.
Downtown rentals can be found in areas like 337-357 Moody Street. Spanning 4,000 square feet, this space is a part of Moody Street's “Restaurant Row.” Nearby, there are new retail and residential developments. Plus, the 90,000-square-foot Market Basket is just a short walk away. Renters at this property can enjoy having floor-to-ceiling windows, awesome street visibility and open floor space.
Another retail option can be found at 85 River Street. While the entire building has 100,000 square feet available, the current rental is for just 576 square feet. It is offered for an annual rent of $16.66 per square foot. Placed in a desirable location, the other units at this property are already occupied by long-term tenants.
Real Estate News
New developments in the area include an apartment complex and new retail shops. The former Polaroid site is being transformed into a retail development. It is now home to the 90,000-square-foot Market Basket. Meanwhile, the Merc apartment complex was just completed on Main Street.
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Commercial Property List