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Downtown Office Suites Opportunity
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40 Grove St, Wellesley, MA 02482

Professionally managed office building offers small suite opportunities in downtown Wellesley.

Space Size2,963 SF
Days on Market120

Property Features for 40 Grove St

General Information

Standard status Active
Size 2,963 SF
Property subtype OFFICE

Spaces For Lease

at 40 Grove St Contact us

40 Grove St

Floor
4
Size
2,963 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 128 CRE is pleased to present 40 Grove Street – a premier office building offering...
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Listing Agency: 128 CRE
Listed By: Tyler J. Capecci
Source: Moodyscre
Added: May 14 Changed: Sep 6 Last Checked: Sep 9 at 9:03AM

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 128 CRE

Investment Insights

Based on property information with market context.

40 Grove Street is a professionally managed office building offering small suite opportunities for a range of professional uses. The property provides flexible office space within a total building size of 50,588 SF.

Located just steps from Wellesley Square MBTA Commuter Rail, the building is positioned in the heart of downtown Wellesley and surrounded by shops, restaurants, and local services, supporting convenient day-to-day access for tenants and their clients.

Key Highlights

  • Professionally managed office building with small suite opportunities in downtown Wellesley
  • Total building size of 50,588 SF
  • Located steps from Wellesley Square MBTA Commuter Rail

Property Analytics

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Open 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 Food Market Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Wellesley, MA

$47.8 /SF/Yr
Avg Asking Price
$32–$57.09 /SF/Yr
Price Range
2,413 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professionally managed office building offers small suite opportunities in downtown Wellesley.
Where is this office units located?
The property is located at 40 Grove St Wellesley, MA.
What are key features of this property?
This property features: Professionally managed office building with small suite opportunities in downtown Wellesley; Total building size of 50,588 SF; Located steps from Wellesley Square MBTA Commuter Rail
(781) 640-5858 Call to check price and availability
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