Flex Space with Loading
New
For Sale
Contact for pricing
23-25 Summer Ave, Waltham, MA 02452
Lower-level space offers a loading door and flexible commercial and industrial capacity.
Property Size7,200 SF
Price / SF$0.00
Days on Market5
Property Features for 23-25 Summer Ave
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Building Details
Year Built
1906
Listing Agency:
Castlearch Property Advisors
(617) 333-8763
Listed By:
Roberto Magno · License #9539532
(617) 823-5303
Source:
Lockandkeyre
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 3:13PM
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
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Investment Insights
Based on property information with market context.
This 7,200-square-foot flex space occupies a lower-level area and includes an overhead door for loading. Its configuration supports commercial, industrial, manufacturing, or warehousing functions. The property at 23-25 Summer Ave in Waltham was built in 1906.
Key Highlights
- 7,200 square feet of lower‑level flex space
- Overhead door provides loading access
- Suitable for commercial, industrial, manufacturing, or warehousing use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,707
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,140
$714.1K
Cap Rate 7%
$510,100
$510.1K
Cap Rate 9%
$396,744
$396.7K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$58.8K $8.16/SF
− Vacancy
−$3.8K −$0.53/SF
EGI
$54.9K $7.63/SF
− OpEx
−$19.2K −$2.67/SF
NOI
$35.7K $4.96/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,140
Cap Rate 7%
$510,100
Cap Rate 9%
$396,744
Alternative Uses
Best Use
Warehouse
$1.33M
$1.16M – $1.55M
NOI $92,997 @ 7.0% cap · market cap 929,970.00%
Second Best
Industrial
$1.09M
$957.3K – $1.28M
NOI $76,586 @ 7.0% cap · market cap 765,860.00%
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,366 @ 7.0% cap · market cap 2,983,660.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Lower-level space offers a loading door and flexible commercial and industrial capacity.
Where is this flex space located?
The property is located at 23-25 Summer Ave Waltham, MA.
What are key features of this property?
This property features: 7,200 square feet of lower‑level flex space; Overhead door provides loading access; Suitable for commercial, industrial, manufacturing, or warehousing use
