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    40 Grove St Wellesley, MA 02482

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    For Lease
    $45 SF/Yr ($16,503 /Mo)

    Office spaces available in Wellesley, ranging from 402 to 1,494 SF.

    Property size:
    4,401 SF
    Lot size:
    4,401 SF

    Property Features for 40 Grove St

    General Information

    Standard status
    Active
    Size
    4,401 SF

    Building Details

    Year built
    1975

    Source: 128 CRE Agent Jeremy Freid

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wellesley Office Space For Rent

    Office spaces are available for rent at a property located at 40 Grove Street, Wellesley, MA 02482. The available spaces range in size: 402 SF, 1,172 SF, 1,333 SF and 1,494 SF. The property has a total size of 4401 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Law Offices of Sonja ... Real Estate Attorney Babar Saleem Dentist MAC LAW LLC Real Estate Attorney Wellesley Smiles Dental ... Dentist Woodacre Law Group Divorce Lawyer

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellesley
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2918938
    Latitude
    42.2959571

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    FAQs

    What type of property is this?
    Office space - Office spaces available in Wellesley, ranging from 402 to 1,494 SF.
    Where is this office space located?
    The property is located at 40 Grove St Wellesley, MA.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - Multiple space options available: 402 SF, 1,172 SF, 1,333 SF, and 1,494 SF.; - Variety of space sizes to suit different business needs.; - Property built in 1975.
    (617) 916-1028
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    40 Grove St Wellesley, MA 02482
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    Wellesley, MA 02482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Grove St Wellesley, MA 02482
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