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Flex Space with Loading Access
New
For Lease
$8,500/Mo

116 Harvard St, Waltham, MA 02453

Combined shop, warehouse, and office areas provide a flexible commercial layout with on-site parking.

Space SizeContact for details
Property Size5,292 SF
Days on Market7

Property Features for 116 Harvard St

General Information

Standard status Active
Size 5,292 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,726

Building Details

Building Size 5,292 SF
Year Built 1960
Listing Agency: Village Realty Group
Listed By: Alexander Dilaura
Source: Elliman
Added: Sep 29 Last Checked: Oct 4 at 12:13PM

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 Village Realty Group

Investment Insights

Based on property information with market context.

This Waltham flex property combines 1,919 square feet of Space 1, 2,542 square feet of Space 2, and an 848-square-foot upper level, totaling approximately 5,309 square feet. The offering includes shop and warehouse areas, office space, restroom facilities, garage and loading access, and on-site parking. The upper level has a full bath. The building dates to 1960 and was previously used for fabrication and shop work.

Route 20, I-95/Route 128, and the Mass Pike are nearby. The spaces and upper level are offered together for lease.

Key Highlights

  • Approximately 5,309 SF offered as a combined flex‑space property
  • Space 1: 1,919 SF; Space 2: 2,542 SF
  • 848 SF upper level with full bath

Property Analytics

Current Use

Aerospace Fabricators Inc Production Facility

Suggested Use

Top Pick Travel Agency Daycare Center Tattoo & Piercing Shop Butcher (Bike/Boat/Book/etc) Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,807
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Waltham, MA

$19.38 /SF/Yr
Avg Asking Price
$10–$25.53 /SF/Yr
Price Range
13,956 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Combined shop, warehouse, and office areas provide a flexible commercial layout with on-site parking.
Where is this flex space located?
The property is located at 116 Harvard St Waltham, MA.
What is the lease rate?
The lease rate is $8,500/Mo.
What are key features of this property?
This property features: Approximately 5,309 SF offered as a combined flex‑space property; Space 1: 1,919 SF; Space 2: 2,542 SF; 848 SF upper level with full bath
More about this property
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