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Ground-Floor Retail Suites
New
For Lease
$38 SF/Yr

350 Pleasant St GHI, Watertown, MA 02472

Flexible food-service space offers individual entrances, dedicated HVAC, and separately metered utilities.

Space Size1,750 SF - 5,200 SF
Days on Market3

Property Features for 350 Pleasant St GHI

General Information

Standard status Active
Size 1,750 SF - 5,200 SF
Net Rentable 5,200 SF
Property subtype Commercial

Space & Availability

Available Space 1,750-5,200 SF
Contiguous Space 1,750 SF
Divisible Yes
Floor Ground
Space Use Retail

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $21,966

Building Details

Year Built 2025
Listing Agency: Chase Hathaway Residential
Listed By: Tracy Johnson
Source: Elliman
Added: Sep 6 Last Checked: Sep 7 at 9:28AM

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 Chase Hathaway Residential

Investment Insights

Based on property information with market context.

Built in 2025, this ground-floor retail property at 350 Pleasant Street is configured as three proposed suites of approximately 1,750 SF each. Suites may be leased individually, combined, or taken as the full available configuration. Each suite includes a storefront entrance, rear entrance, separate utility metering, and dedicated heating and cooling, supporting retail and food-service occupancy.

A beer-and-wine license is associated with the former market operation; any transfer or new issuance requires a separate application and governmental approval. The property has a Walk Score of 76, a Bike Score of 80, and a Transit Score of 41.

Key Highlights

  • Three proposed suites of approximately 1,750 SF each
  • Suites can be leased individually, combined, or as the full available configuration
  • Each suite has storefront and rear entrances

Property Analytics

Current Use

PT In Cadence Medical Clinic

Suggested Use

Top Pick Hotel & Motel (Bike/Boat/Book/etc) Store Nursing Home Pet Store Clothing & Fashion Store Pet Grooming Service

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 11% Home Improvements & Furnishings 11%
McDonald's Dining
28,558 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,567 visits/mo 0.4 miles
Swartz Ace Hardware Home Improvements & Furnishings
4,472 visits/mo 0.5 miles
Citgo Shops & Services
2,434 visits/mo 0.3 miles
Tesla Motors Shops & Services
1,427 visits/mo 0.2 miles

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value

Market

Lease Benchmarks for Watertown, MA

$33.48 /SF/Yr
Avg Asking Price
$27.26–$41.38 /SF/Yr
Price Range
1,600 SF
Avg Space Size

This space is priced 14% above the average of $33.48 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible food-service space offers individual entrances, dedicated HVAC, and separately metered utilities.
Where is this retail space located?
The property is located at 350 Pleasant St GHI Watertown, MA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Three proposed suites of approximately 1,750 SF each; Suites can be leased individually, combined, or as the full available configuration; Each suite has storefront and rear entrances
More about this property
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