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Small Suite Office Building

40 Grove St, Wellesley, MA 02482

For Lease
Contact for pricing

Professionally managed office building offering small suite space with close access to Wellesley Square MBTA Commuter Rail.

Space Size1,144 SF
Property Size50,588 SF
Days on Market383

Property Features for 40 Grove St

General Information

Standard status Active
Size 1,144 SF
Property subtype OFFICE

Additional Details

Space Use Office
Public Transit Yes

Building Details

Building Size 50,588 SF

Spaces For Lease

at 40 Grove St
40 Grove St AVAILABLE, Now
Floor 3
Size 1,144 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 128 CRE is pleased to present 40 Grove Street – a premier office building offering small suite opportunities in the heart of downtown Wellesley. - With a total building size of 50,588 SF, this professionally managed property provides flexible office space ideal for professional services, financial, legal, or wellness users. - Located just steps from Wellesley Square MBTA Commuter Rail, and surrounded by shops, restaurants, and local services, 40 Grove Street offers exceptional convenience in a highly desirable suburban setting.
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Listing Agency: 128 CRE
Listed By: Tyler J. Capecci
Source: Moodyscre
Added: Oct 24, 2025 Changed: Nov 6 Last Checked: Nov 8 at 6:51AM

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

Rey
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Investment Insights

Based on property information with market context.

40 Grove St is an office building designed for small suite opportunities in the heart of downtown Wellesley. The property provides flexible office space suitable for professional services, financial, legal, or wellness users, with a total building size of 50,588 SF.

The building is located just steps from the Wellesley Square MBTA Commuter Rail. It is surrounded by shops, restaurants, and local services, supporting convenient day-to-day access for employees and clients.

With professional management and an emphasis on smaller office suites, the building can fit a range of professional office requirements seeking an efficient footprint within a well-connected suburban downtown setting.

Key Highlights

  • Total building size of 50,588 SF
  • Small suite office opportunities
  • Professionally managed office property

Property Analytics

Who owns this building? See the owner, sales and loan history
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

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
1,584 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Norfolk County, MA

$28.76 Jul
$27.1 Aug
$25.34 Sep
$23.87 Oct

Properties on Market for Office Units in Norfolk County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

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