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40 Grove St, Wellesley, MA 02482

Professionally managed office building offering small suite opportunities near Wellesley Square commuter rail.

Property Size2,043 SF
Days on Market78

Property Features for 40 Grove St

General Information

Standard status Active
Size 2,043 SF
Property subtype OFFICE

Building Details

Tenancy Multi
Listing Agency: 128 CRE
Listed By: Tyler J. Capecci · License #9089542-RE-B
Source: Moodyscre
Added: May 14 Changed: Jul 26 Last Checked: Jul 29 at 3:59PM

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 designed to support small suite opportunities in downtown Wellesley. The property offers flexible office space appropriate for a range of professional services, financial, legal, and wellness-related uses.

The building’s address places it just steps from the Wellesley Square MBTA Commuter Rail, with shops, restaurants, and local services surrounding the area.

Suites in this centrally located office building provide a convenient suburban base for organizations seeking an office presence near commuter access.

Key Highlights

  • 50,588 SF professionally managed office building with small suite opportunities
  • Office space suitable for professional services, financial, legal, or wellness users
  • Located in the heart of downtown Wellesley

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 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

Multi-tenant
Tenancy
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professionally managed office building offering small suite opportunities near Wellesley Square commuter rail.
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: 50,588 SF professionally managed office building with small suite opportunities; Office space suitable for professional services, financial, legal, or wellness users; Located in the heart of downtown Wellesley
(781) 640-5858 Call to check price and availability
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