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Waltham Commercial Building For Sale
For Sale
$2,295,000
Pending

231 Lexington Street, Waltham, MA 02452

Commercial building with offices, warehouse space, loading dock, and parking.

Property Size4,439 SF
Days on Market107

Property Features for 231 Lexington Street

General Information

Standard status Pending
Size 4,439 SF
Property subtype Commercial
Zoning Commercial, Legal Non-Conforming

Taxes and HOA fees

Annual Taxes $15,618

Building Details

Building Size 4,439 SF
Year Built 1946
Listing Agency: Gelineau & Associates, R.E.
Listed By: Glenna Gelineau · License #449501018
Source: Liongatere
Added: Apr 25 Changed: Aug 8 Last Checked: Aug 8 at 6:53AM

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 Gelineau & Associates, R.E.

Investment Insights

Based on property information with market context.

Located on Lexington Street in Waltham, this property offers high visibility, convenience, and accessibility. The building has been family-owned and well-maintained. It features a loading dock and ample parking. The layout includes 6 to 7 offices, 5 bathrooms, and approximately 2,500 square feet of manufacturing or warehouse space. The building has a newer roof and updated forced hot air gas heat. This property presents a business opportunity in Waltham.

Key Highlights

  • Prime, heavily trafficked Lexington Street location with high visibility and accessibility.
  • Ample parking and a loading dock.
  • 2500(+-) square feet of manufacturing/warehouse space.

Property Analytics

Current Use

Century Glass Co., ... Factory

Suggested Use

Top Pick Restaurant Auto Parts Store Big Box & Wholesale Store Building Supply Hotel & Motel Garden Center

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

1,046
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Commercial building with offices, warehouse space, loading dock, and parking.
Where is this manufacturing property located?
The property is located at 231 Lexington Street Waltham, MA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Prime, heavily trafficked Lexington Street location with **high visibility and accessibility**.; Ample parking and a loading dock.; 2500(+-) square feet of manufacturing/warehouse space.
More about this property
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