Multi-Level Office
282 Montvale Ave, Woburn, MA 01801
For Sale
$1,400,000
Pending
Multiple offices, kitchenettes, meeting areas, and support spaces accommodate varied business layouts.
Property Size3,344 SF
Days on Market53
Property Features for 282 Montvale Ave
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
meeting areas
hardwood floors
fireplace
kitchenette
skylights
cedar closet/storage
lockable computer/network room
bathroom with shower
Building Details
Building Size
Year Built
Listing Agency:
Wronka, Ltd. Commercial Real Estate Advisors
Listed By:
Ernest C. Wronka · License MA #104146
(781) 229-2233
Source:
Classifiedrealtygroup
Added: Sep 19
Changed: Nov 7
Last Checked: Nov 8 at 2:57AM
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 Wronka, Ltd. Commercial Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1932 office building provides a multi-level configuration with private offices, meeting areas, reception and executive-office space, kitchenettes, restrooms, and substantial support areas. Hardwood floors extend through the main and lower levels, while French doors lead to a larger room with a fireplace. The second level adds more offices, a kitchenette, and two restrooms. Two offices occupy the third level, including one with cedar closet and storage space. A full basement includes a lockable computer/network room, bathroom with shower, full-size refrigerator, two utility sinks, shelving, and direct access to the parking area.
The property is located at 282 Montvale Ave in Woburn, with access to I-93 and a reported Montvale Avenue traffic count of 18,634 vehicles per day in 2021. MBTA Route 354 Boston Express service at I-93 and Montvale Avenue is within a short walk.
The property is located at 282 Montvale Ave in Woburn, with access to I-93 and a reported Montvale Avenue traffic count of 18,634 vehicles per day in 2021. MBTA Route 354 Boston Express service at I-93 and Montvale Avenue is within a short walk.
Key Highlights
- 1932 office building at 282 Montvale Ave, Woburn, MA 01801
- Montvale Avenue traffic count of 18,634 vehicles per day (2021)
- Multiple private offices, meeting areas, reception space, and executive‑office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,106
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,122,120
$2.1M
Cap Rate 7%
$1,515,800
$1.5M
Cap Rate 9%
$1,178,956
$1.2M
Market Conditions
NOI Build-Up for 3,344 SF
Gross rent
$181.4K $54.24/SF
− Vacancy
−$39.9K −$11.93/SF
EGI
$141.5K $42.31/SF
− OpEx
−$35.4K −$10.58/SF
NOI
$106.1K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,122,120
Cap Rate 7%
$1,515,800
Cap Rate 9%
$1,178,956
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.77M
NOI $106,106 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,575 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Explore this area
Business Placement
Demographics for 01801, MA
40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Middlesex County, MA
Properties on Market for Office buildings in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Multiple offices, kitchenettes, meeting areas, and support spaces accommodate varied business layouts.
Where is this office building located?
The property is located at 282 Montvale Ave Woburn, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1932 office building at 282 Montvale Ave, Woburn, MA 01801; Montvale Avenue traffic count of 18,634 vehicles per day (2021); Multiple private offices, meeting areas, reception space, and executive‑office areas
