Building Details

Building Size 6,754 SF

Year Built 1976

Listing Agency: REMAX Executive Realty c***@churchillprop.com Show Phone

Listed By: Chris Bernier Show Phone

Source: Churchillprop

Added: Nov 17, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:56PM

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Investment Insights

Based on property information with market context.

This 6,754 SF commercial property at Hillcrest Office Park includes two office suites and one flex space. A dedicated loading dock supports the flex component, while the overall layout combines office and operational workspace within one property. Constructed in 1976, the property carries C zoning and is located at 240 Bear Hill Rd in Waltham, Massachusetts.

Key Highlights

• 6,754 SF commercial property
• Two office suites and one flex space
• Dedicated loading dock

Property Analytics

Property Profile

Current Use

Arbella Insurance - Waltham ... Insurance Agency Safeguard Security Security Service Suboxone Medical Clinic TestAmerica (Boston) Service ... Laboratory Hi Profile Professional Employment Agency

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Cafe & Coffee Shop Barber Shop Real Estate Agency Storage Facility

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

2

Office units

Location Intelligence

Trade Area within ½ mile

1,061

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial offering combines office suites with flexible workspace in a multi-use configuration.

Where is this flex space located?

The property is located at 240 Bear Hill Rd Waltham, MA.

What are key features of this property?

This property features: 6,754 SF commercial property; Two office suites and one flex space; Dedicated loading dock