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Luxury Apartments with Retail Space
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40 William Street, Wellesley, MA 02481

Upscale apartments with prominent retail space in Wellesley, Massachusetts.

Space SizeContact for details
Lot Size22.00 Acres
Days on Market205

Property Features for 40 William Street

General Information

Standard status Active
Lot size 22.00 Acres
Property subtype Retail
Listing Agency: Powers & Company
Listed By: Mary Powers
Source: Atlanticretail
Added: Jan 27 Changed: Aug 11 Last Checked: Aug 20 at 5:06AM

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 Powers & Company

Investment Insights

Based on property information with market context.

This property features a 350-unit luxury apartment complex within the Wellesley Office Park, an eight-building campus spanning 22 acres on the bank of the Charles River. The location provides immediate access to I-95 and Route 9, situated at the intersection of Route 128 (I-95) and Route 9. It is easily accessible to the neighborhood communities of Wellesley, Newton, Needham, and beyond. The ground floor retail space is very prominent, featuring high ceilings and a three-sided glass storefront. This space is easily accessible to residents, the surrounding communities of Wellesley and Brookline, the towns of Newton, Needham, and Chestnut Hill, and the daily traffic from thousands of office users and visitors to the Wellesley Office Park. The property includes ample customer parking and two outdoor patios.

Key Highlights

  • Upscale luxury apartment complex with 350 units.
  • Located within Wellesley Office Park, a 22‑acre campus on the Charles River.
  • Immediate access to I‑95 & Route 9.

Property Analytics

Current Use

SemaConnect Charging Station Electric Vehicle Charging Station Valerie J. Botter, ... Mediation Service Blink Charging Station Electric Vehicle Charging Station Lin's Lash Lounge Hair Salon The Nines Apartment Complex

Suggested Use

Top Pick Restaurant Building Supply Hair Salon Dental Office Big Box & Wholesale Store Nail Salon

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

1,022
Businesses Nearby

Demographics for 02481, MA

17,280
Population
5,145
Households
3.4
Avg Household Size
36
Median Age
90%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,833
Density / Sq Mi
$250,001
Median Household Income
$82,159
Median Earnings
$3,064
Median Rent
$1,642,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Upscale apartments with prominent retail space in Wellesley, Massachusetts.
Where is this apartment building located?
The property is located at 40 William Street Wellesley, MA.
What are key features of this property?
This property features: Upscale luxury apartment complex with 350 units.; Located within Wellesley Office Park, a 22‑acre campus on the Charles River.; Immediate access to I‑95 & Route 9.
More about this property
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