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Woburn Office Space For Rent

331 Montvale Ave, Woburn, MA 01801

For Lease
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Accessible Woburn office space, ideal for various business types.

Space Size1,400 SF - 4,500 SF
Property Size32,040 SF
Days on Market925

Property Features for 331 Montvale Ave

General Information

Standard status Active
Size 1,400 SF - 4,500 SF
Total Parking Spaces 80
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 32,040 SF
Year Built 1980
Tenancy Single

Spaces For Lease

at 331 Montvale Ave Contact us

3rd Floor Unit 330 Active

Size 1,400 SF
Contact us

4th Floor Active

Size 4,500 SF
Contact us
Listing Agency: Coldwell Banker Realty
Listed By: Leah Piantidosi · License MA #9568192
Source: Crexi
Added: May 2, 2024 Changed: Nov 2 Last Checked: Nov 12 at 7:14AM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

Located in Woburn, 331 Montvale Ave offers approximately 750 square feet of office space on the 6th floor. The suite features 2 offices and is suitable for general office use, professional services, or private office needs. The property is situated just off Route 93 South, less than 2 miles from I-95, and approximately 8 miles north of Boston, providing convenient accessibility. The location is surrounded by restaurants and retailers and is one exit from Route 95. Ample parking is available with approximately 80 shared parking spaces located in the rear of the building.

Key Highlights

  • Highly accessible location right off Route 93 South, close to I‑95 and Boston.
  • Approximately 750+\/-SF of flexible office space on the 6th floor.
  • Ample parking with ~80 shared parking spaces.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lighthouse Payment Services, ... Bank East Boston Savings ... Bank Optimal Home Care ... Home Health Care Service Unique System Skills ... Consultant NAMI Massachusetts Charitable Organization

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods Bakery Clothing & Fashion Store

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

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

Lease Benchmarks for Woburn, MA

$22.81 /SF/Yr
Avg Asking Price
$18–$28 /SF/Yr
Price Range
17,543 SF
Avg Space Size

This space is priced 4% below the average of $22.81 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Woburn, MA

$24.05 Jul
$24.56 Aug
$22.88 Sep
$22.79 Oct

Properties on Market for Office Units in Woburn

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Accessible Woburn office space, ideal for various business types.
Where is this office unit located?
The property is located at 331 Montvale Ave Woburn, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Highly accessible location right off Route 93 South, close to I‑95 and Boston.; Approximately 750+\/-SF of flexible office space on the 6th floor.; Ample parking with ~80 shared parking spaces.
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Includes: Price & PSF · Cap rate · Location · Zoning

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