305 2nd Avenue Waltham Waltham, MA 02452
Wide-open standalone retail/office/flex building on a corner with major route access and nearby retail and life-science employers.
- Added:
- Jul 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 12 at 2:03 am
Property Features for 305 2nd Avenue Waltham
General Information
- Standard status
- Active
- Size
- 8,000 SF
Building Details
- Year Built
- 1975
Listing office (888) 854-7493
Listing date Jul 11, 2026
Source Ma.exprealty
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 Raniery Guimaraes De Almeida
Investment Insights
Based on property information with market context.
The property is located on the corner of 2nd Avenue and Bear Hill Road, within Walther’s established commercial and lab corridor. It offers access to I-95/Route 128 and is also connected to Route 2 and Route 20. Nearby neighbors include Town Fair Tire, Pizzeria Uno, Genzyme Corp, Costco, Forum Pharmaceuticals, and Mass General West.
The building is available for lease.
Key Highlights
- 0.78‑acre corner lot with an approximately 8,000 sq ft freestanding retail/office/flex building
- Standalone wide‑open layout suited for a range of uses including industrial, medical, retail, and service
- Building built in 1975
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $433.9k | $54.24 |
| − Vacancy | −$95.5k | −$11.93 |
| EGI | $338.5k | $42.31 |
| − OpEx | −$84.6k | −$10.58 |
| NOI | $253.8k | $31.73 |
Alternative Uses
Property Analytics
Current Use by Public Records
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