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Office Space in Wellesley Center
For Sale
$350,000

40 Grove St Unit 3, Wellesley, MA 02482

Office space in Wellesley

Property Size1,494 SF
Lot Size1.49 Acres
Price / SF$234.27
Days on Market363

Property Features for 40 Grove St Unit 3

General Information

Standard status Active
Property type Office Units, Office Spaces
Size 1,494 SF
Class B
Elevators Yes
Lot size 1.49 Acres
Investment Type Net Lease

Building Details

Year Built 1975
Stories 3
Units 3
Listing Agency:
Listed By: Dan
Added: Aug 23, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located in the heart of downtown Wellesley, this professionally managed office building offers flexible office space suitable for professional services, financial, legal, or wellness tenants. The property has a total building size of 50,588 square feet. The available spaces include suites of 402 SF, 1,172 SF, 1,333 SF and 1,494 SF. The building is situated steps from Wellesley Square MBTA Commuter Rail and is surrounded by shops, restaurants, and local services. The lot size is 1.49 acres.

Key Highlights

  • Please provide a detailed marketing description and investment highlights about the property.
  • Please provide a detailed marketing description and investment highlights about the property.
  • Please provide a detailed marketing description and investment highlights about the property.

Property Analytics

Current Use

Law Offices of Sonja ... Law Firm Babar Saleem Dental Office MAC LAW LLC Law Firm Wellesley Smiles Dental ... Dental Office Woodacre Law Group Law Firm

Suggested Use

Top Pick Electrical Service Garden Center Plumbing Service Auto Parts Store Storage Facility Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

Demographics for 02482, MA

10,710
Population
4,249
Households
2.5
Avg Household Size
44
Median Age
83%
College-Educated
99%
High-School Grad
3.7 sq mi
ZIP Area
2,895
Density / Sq Mi
$240,069
Median Household Income
$109,805
Median Earnings
$2,674
Median Rent
$1,255,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in Wellesley
Where is this office units located?
The property is located at 40 Grove St Unit 3 Wellesley, MA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Please provide a detailed marketing description and investment highlights about the property.; Please provide a detailed marketing description and investment highlights about the property.; Please provide a detailed marketing description and investment highlights about the property.
More about this property
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