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    572-574 Washington St Wellesley, MA 02482

    For Sale
    Contact for pricing

    Mixed-use property in the heart of Wellesley Square.

    Property size:
    32,076 SF
    Lot size:
    0.31 Acres

    Property Features for 572-574 Washington St

    General Information

    Size
    32,076 SF
    Lot size
    0.31 Acres

    Source: Boston Realty Advisors Agent Nicholas 'Nick' Herz

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

    Overview

    Rotunda Building in Wellesley Square

    The Rotunda Building, a landmark asset in the heart of Wellesley Square, is available for acquisition. This mixed-use property features boutique office suites located above street-level retail spaces. Situated at the corner of Washington and Grove Streets, the Rotunda Building is positioned at the gateway to Wellesley, one of the most affluent towns in Greater Boston. The property benefits from a diverse rent roll within a high barrier to entry submarket. The town of Wellesley has strong demographics, with a well-educated workforce drawn to its central suburban location. The Rotunda Building is within walking distance of shopping, dining, and cultural destinations. The area is surrounded by schools, including Wellesley College and Babson College, attracting a mix of students, faculty, and professionals. With access to the MBTA commuter rail and Route 128/I-95, this property is located in one of Greater Boston’s affluent and supply-constrained submarkets. The property has been meticulously maintained and has had significant historical capital investment. Current rents are below market. The property size is 32076 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -71.2928616
    Latitude
    42.2958849

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    FAQs

    What type of property is this?
    Office building - Mixed-use property in the heart of Wellesley Square.
    Where is this office building located?
    The property is located at 572-574 Washington St Wellesley, MA.
    What are key features of this property?
    This property features: - Located in the heart of Wellesley Square, one of Greater Boston's most affluent towns.; - Generational asset in a high barrier to entry submarket.; - Meticulously maintained mixed-use property.
    (617) 375-7900
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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
    572-574 Washington St Wellesley, MA 02482
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