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Property profile & analytics
FOR LEASE
Retail space

1030 Main St Waltham, MA 02451

48,063 SF 4.31 ac lot Built 2012
Individually Owned 11-yr Hold Free & Clear
Property ID
US38-0316921
Property summary
AI-generated overview

Main Street Marketplace offers a fantastic retail opportunity in Waltham, Massachusetts. This established shopping center, totaling 44,639 square feet, boasts a prime location at the signalized intersection of Main Street (Route 117) and Weston Street (Route 20). With excellent visibility and high traffic counts, this property benefits from its proximity to major roadways, including I-95 (approximately 0.5 miles away), and is situated within Waltham's thriving commercial district, the largest suburban office market in Massachusetts, boasting over 12 million square feet of office space. Currently, 1,148 square feet of retail space is available, perfect for a variety of businesses. The center features ample parking with 239 spaces (a ratio of 5.3 per 1,000 square feet), ensuring convenient access for customers and employees. The surrounding area is home to a strong mix of established retailers, including CVS, Walgreens, Marshalls, Market Basket, Not Your Average Joe's, and Starbucks, creating a vibrant and attractive retail environment. This location offers exceptional visibility and accessibility, making it an ideal space for businesses seeking a high-traffic location in a bustling suburban market. The property is located approximately 0.8 miles west of downtown Waltham and benefits from its position in Middlesex County, Massachusetts, with the address being 1030 Main St, Waltham, MA 02451.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction STEEL FRAME
Total area 48,063 SF
Lot 4.31 ac (187,874 SF)
APN WALT M:058 B:018 L:0018
UPID US38-0316921
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Daniel Zito Dental Office
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • Halloween City (Bike/Boat/Book/etc) Store
  • Dr. Ekaterina Brodski-Quigley Pediatrician Physician
  • Vincent Aerial Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.63M
Comparable Approach Comparable
$5.88M
Blend (final) Blend
$9.30M
Owner & transaction history
Linear Retail Waltham 1 · 11 yrs held
Linear Retail Waltham 1
since 2015
7 recorded transactions
2025
Price N/A
2018
Price N/A
2015
$22.4M
2012
$5.5M
1998
Price N/A
1993
Price N/A
1993
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $15.3M +18.4%
Commercial (general) $14.0M +7.8%
Restaurant $14.0M +7.7%
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More about this property
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