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

231 Lexington Street, Waltham, MA 02452

High-visibility commercial building with manufacturing/warehouse space and ample parking.

Property Size4,439 SF
Days on Market156

Property Features for 231 Lexington Street

General Information

Standard status Pending
Size 4,439 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,618

Amenities

Rubber Roof

Building Details

Year Built 1946
Listing Agency: Gelineau & Associates, R.E.
Listed By: Glenna Gelineau · License #449501018
Source: Corcoran
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 6:18AM

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 features approximately 2500 square feet of manufacturing/warehouse space, along with 6-7 offices and 5 bathrooms. A loading dock and ample parking are available. The property has been family owned and operated and well maintained. It includes a newer roof and updated forced hot air gas heat. The total property size is 4439 square feet. This building 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 - High-visibility commercial building with manufacturing/warehouse space and ample 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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