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Cleared Redevelopment Lot
For Sale
$699,000

149-151 South Street, Waltham, MA 02453

Approximately 5,083 sq ft cleared lot previously improved by a three-family home destroyed by fire in 2019.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market141

Property Features for 149-151 South Street

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Land
Lease Term []

Additional Details

Highway Access Yes
Listing Agency: Coldwell Banker Realty - Lexington
Listed By: Charles River Properties Group
Source: Cabotandcompany
Added: Mar 22 Changed: Aug 8 Last Checked: Apr 22 at 7:29AM

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 - Lexington

Investment Insights

Based on property information with market context.

A cleared redevelopment lot of approximately 5,083 sq ft is available for redevelopment at 149-151 South Street. The previous three-family home on the site was destroyed by fire in 2019, and the property has been fully cleared. The City of Waltham has issued an “Old Lot” Opinion Letter. A two-family home may be possible for the site, subject to appropriate approvals.

The property is located in the heart of Waltham’s Bank Square area, with convenient access to Route 128, the Mass Pike, and public transportation. Neighborhood shops, restaurants, and amenities are described as close by.

This site presents a straightforward redevelopment option on a fully cleared parcel, with an issued opinion letter and a potential two-family outcome pending the required approvals.

Key Highlights

  • Approximately 5,083 sq ft cleared lot at 149‑151 South Street, ready for redevelopment
  • Previously improved by a three‑family home destroyed by fire in 2019
  • City of Waltham issued an "Old Lot" Opinion Letter

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Auto Parts Store Tattoo & Piercing Shop Florist Travel Agency

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,761
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approximately 5,083 sq ft cleared lot previously improved by a three-family home destroyed by fire in 2019.
Where is this residential land & home lot located?
The property is located at 149-151 South Street Waltham, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 5,083 sq ft cleared lot at 149‑151 South Street, ready for redevelopment; Previously improved by a three‑family home destroyed by fire in 2019; City of Waltham issued an "Old Lot" Opinion Letter
More about this property
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