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40 Grove Street, Wellesley, MA 02482

Office configurations range from compact suites to larger professional workspaces within an established commercial property.

Property Size4,401 SF
Price / SF$0.01
Days on Market810

Property Features for 40 Grove Street

General Information

Standard status Active
Size 4,401 SF
Property subtype Commercial
Zoning 1

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Building Size 4,401 SF
Year Built 1975
Listing Agency: The Greene Realty Group
Listed By: Chris Bernier
Source: Churchillprop
Added: Jun 12, 2024 Changed: Aug 30 Last Checked: Aug 30 at 2:12PM

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 The Greene Realty Group

Investment Insights

Based on property information with market context.

Office units are available in several configurations within a 4,401-square-foot commercial property completed in 1975. Current suite sizes include 402 SF, 1,172 SF, 1,333 SF, and 1,494 SF, providing options for different office requirements. The property carries zoning designation 1.

Located at 40 Grove Street in Wellesley, Massachusetts, the property is positioned within the 02482 postal area. The varied suite sizes support a multi-unit office layout for ownership or occupancy planning.

Key Highlights

  • Available suites: 402 SF, 1,172 SF, 1,333 SF and 1,494 SF
  • 4,401 SF total property size
  • 1975 construction

Property Analytics

Current Use

Law Offices of Sonja ... Law Firm Babar Saleem Dental Office MAC LAW LLC Law Firm Wellesley Smiles Dental ... Dental Office Woodacre Law Group Law Firm

Suggested Use

Top Pick Food Market Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

Demographics for 02482, MA

10,710
Population
4,249
Households
2.5
Avg Household Size
44
Median Age
83%
College-Educated
99%
High-School Grad
3.7 sq mi
ZIP Area
2,895
Density / Sq Mi
$240,069
Median Household Income
$109,805
Median Earnings
$2,674
Median Rent
$1,255,200
Median Home Value

Market

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 - Office configurations range from compact suites to larger professional workspaces within an established commercial property.
Where is this office units located?
The property is located at 40 Grove Street Wellesley, MA.
What are key features of this property?
This property features: Available suites: 402 SF, 1,172 SF, 1,333 SF and 1,494 SF; 4,401 SF total property size; 1975 construction
More about this property
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