Building Details

Building Size 7,200 SF

Year Built 1906

Listing Agency: Castlearch Property Advisors s***@castlearchpa.com Show Phone

Listed By: Roberto Magno · License #SL9508754 Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 2:21PM

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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 Castlearch Property Advisors

Investment Insights

Based on property information with market context.

This commercial/industrial space is available for lease in Waltham. The property offers over 14,000 rentable square feet across two levels. The space is currently configured for two tenants but can be combined for a single user. Both levels are suitable for a variety of commercial, industrial, manufacturing, and warehousing purposes. The building features a double-wide exterior loading dock and a small overhead door on the opposite side. The building is fully sprinklered and air conditioned on both levels. There are more than 15 parking spaces available. Flexible rents and lease terms are available.

Key Highlights

• Over 14,000 RSF of versatile commercial/industrial space.
• Suitable for single or multiple tenants.
• Adaptable for commercial, industrial, manufacturing, and warehousing uses.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Hotel & Motel Clothing & Fashion Store Pet Grooming Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,425

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 02452, MA

15,340

Population

5,838

Households

2.6

Avg Household Size

33

Median Age

54%

College-Educated

93%

High-School Grad

3.8 sq mi

ZIP Area

4,037

Density / Sq Mi

$112,902

Median Household Income

$41,351

Median Earnings

$2,325

Median Rent

$779,900

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Versatile commercial/industrial space for lease in Waltham.

Where is this flex space located?

The property is located at 23-25 Summer Ave Waltham, MA.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Over 14,000 RSF of versatile commercial/industrial space.; Suitable for single or multiple tenants.; Adaptable for commercial, industrial, manufacturing, and warehousing uses.