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40 Grove St, Wellesley, MA 02482

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

Space Size2,043 SF
Days on Market124

Property Features for 40 Grove St

General Information

Standard status Active
Size 2,043 SF
Property subtype OFFICE

Building Details

Tenancy Multi

Spaces For Lease

at 40 Grove St Contact us

40 Grove St

Floor
4
Size
2,043 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 13 Last Checked: Sep 13 at 7:42AM

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

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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 Grocery & Convenience Store Food Market Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store 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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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