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Office Units with Covered Parking
For Lease
$26 SF/Yr

230 2nd Ave, Waltham, MA 02451

Two suites may be combined, with elevator access and most operating expenses included.

Space Size2,250 SF - 5,547 SF
Days on Market15

Property Features for 230 2nd Ave

General Information

Standard status Active
Size 2,250 SF - 5,547 SF
Net Rentable 2,250 SF
Elevators Yes
Lease Type Gross

Space & Availability

Available Space 2,250-5,547 SF
Contiguous Space 3,297 SF
Space Use Office

Additional Details

Highway Access Yes

Amenities

covered parking

Building Details

Year Built 1985
Listing Agency: Commonwealth Commercial Advisors, Inc.
Listed By: Stefan Frey · License #9510730
Source: Lyvrealty
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 30 at 7:20PM

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 Commonwealth Commercial Advisors, Inc.

Investment Insights

Based on property information with market context.

Built in 1985, this office property includes two available suites measuring 2,250 SF and 3,297 SF. The spaces can be leased together, creating a combined 5,547 SF office configuration. Covered parking and elevator service support day-to-day access for occupants and visitors.

Located at 230 2nd Ave in Waltham, the property provides convenient access to the highway. Rent includes all expenses other than suite cleaning and phone or internet service, offering a straightforward occupancy structure for office users.

Key Highlights

  • 2,250 SF office suite available
  • 3,297 SF office suite available
  • Suites can be combined for 5,547 SF

Property Analytics

Current Use

Data Sense Solutions ... Vocational School Stephen Coffey - Private ... Financial Advisor Ashley Elizabeth Peters ... Financial Advisor Melissa Indelicato - Private ... Financial Advisor Erie Home Roofing Company

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Grocery & Convenience Store Furniture & Home Goods Dental Office Cafe & Coffee Shop

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
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,334
Businesses Nearby

Demographics for 02451, MA

17,953
Population
7,852
Households
2.3
Avg Household Size
39
Median Age
55%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
3,387
Density / Sq Mi
$119,509
Median Household Income
$66,318
Median Earnings
$2,537
Median Rent
$709,200
Median Home Value

Market

Lease Benchmarks for Waltham, MA

$24.94 /SF/Yr
Avg Asking Price
$17–$38 /SF/Yr
Price Range
23,125 SF
Avg Space Size

This space is priced 4% above the average of $24.94 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two suites may be combined, with elevator access and most operating expenses included.
Where is this office units located?
The property is located at 230 2nd Ave Waltham, MA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 2,250 SF office suite available; 3,297 SF office suite available; Suites can be combined for 5,547 SF
More about this property
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