Waltham Commercial Space For
For Sale
$2,949,000
100-104 Felton Street, Waltham, MA 02453
20,000 SF commercial space near Moody St and commuter rail.
Property Size20,000 SF
Price / SF$147.45
Days on Market133
Property Features for 100-104 Felton Street
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Commercial
Zoning
Comm
Net Operating Income
$124,000
Taxes and HOA fees
Annual Taxes
$48,070
Building Details
Year Built
1880
Listing Agency:
J.M.I. Investment Properties
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Apr 14
Changed: Aug 23
Last Checked: Aug 23 at 10:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.M.I. Investment Properties
Investment Insights
Based on property information with market context.
This commercial property offers nearly 20,000 square feet of space. Located just off Moody St and 0.4 miles from the commuter rail, it provides accessibility. The current owner occupies approximately 2,800 square feet on the top floor and is willing to either vacate or remain. Since acquiring the property in 2016, the seller has invested over $1,000,000 in renovations including a new rubber membrane roof. The building features 12 commercial spaces with a tenant base, generating an annual income of $345,000. The sale also includes an additional lot that offers parking. The bike score is 57, making it bikeable. The walk score is 69, indicating it is somewhat walkable, and the transit score is 31, suggesting some transit options are available.
Key Highlights
- High Income Potential: Generates $345,000 annual income with an approximate 7.6% cap rate.
- Significant Recent Renovations: Over $1,000,000 invested since 2016, including a new rubber membrane roof.
- Large Commercial Space: Nearly 20,000 square feet, priced under $150 per square foot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Groceries 32%
Dining 7%
Patel Brothers
Groceries
7,091 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,897 visits/mo
0.5 miles
Family Dollar
Shops & Services
6,479 visits/mo
0.2 miles
Kung Fu Tea
Dining
1,454 visits/mo
0.2 miles
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - 20,000 SF commercial space near Moody St and commuter rail.
Where is this shopping center located?
The property is located at 100-104 Felton Street Waltham, MA.
What is the asking price?
The asking price for this property is $2,949,000.
What are key features of this property?
This property features: High Income Potential: Generates $345,000 annual income with an approximate 7.6% cap rate.; Significant Recent Renovations: Over $1,000,000 invested since 2016, including a new rubber membrane roof.; Large Commercial Space: Nearly 20,000 square feet, priced under $150 per square foot.
