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Woburn Office Space For Rent
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331 Montvale Ave, Woburn, MA 01801

Accessible Woburn office space, ideal for various business types.

Space Size32,040 SF
Days on Market833

Property Features for 331 Montvale Ave

General Information

Standard status Active
Size 32,040 SF
Total Parking Spaces 80
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 32,040 SF
Year Built 1980
Tenancy Single

Spaces For Lease

at 331 Montvale Ave Contact us

Space 1

Size
32,040 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Realty
Listed By: Leah Piantidosi · License #MA 9568192
Source: Crexi
Added: May 2, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:29PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located in Woburn, 331 Montvale Ave offers approximately 750 square feet of office space on the 6th floor. The suite features 2 offices and is suitable for general office use, professional services, or private office needs. The property is situated just off Route 93 South, less than 2 miles from I-95, and approximately 8 miles north of Boston, providing convenient accessibility. The location is surrounded by restaurants and retailers and is one exit from Route 95. Ample parking is available with approximately 80 shared parking spaces located in the rear of the building.

Key Highlights

  • Highly accessible location right off Route 93 South, close to I‑95 and Boston.
  • Approximately 750+\/-SF of flexible office space on the 6th floor.
  • Ample parking with ~80 shared parking spaces.

Property Analytics

Current Use

Lighthouse Payment Services, ... Bank East Boston Savings ... Bank Optimal Home Care ... Home Health Care Service Unique System Skills ... Consultant NAMI Massachusetts Charitable Organization

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods Real Estate Agency Clothing & Fashion Store

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 01801, MA

40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value

Market

Lease Benchmarks for Woburn, MA

$23.77 /SF/Yr
Avg Asking Price
$18–$28 /SF/Yr
Price Range
18,310 SF
Avg Space Size

This space is priced 7% below the average of $23.77 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Accessible Woburn office space, ideal for various business types.
Where is this office units located?
The property is located at 331 Montvale Ave Woburn, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Highly accessible location right off Route 93 South, close to I‑95 and Boston.; Approximately 750+\/-SF of flexible office space on the 6th floor.; Ample parking with ~80 shared parking spaces.
More about this property
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