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    48 Waltham St, Unit E Lexington, MA 02421

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    For Sale
    $399,000

    Commercial space ideal for professional services, medical practices, or boutique.

    Building Details

    Year built
    2009

    Source: Compass Agent Andrew Mazur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space in Lexington

    Located at the intersection of Mass Ave and Waltham Street, this commercial space is suitable for professional services, medical or wellness practices, or a high-end boutique. The property offers convenient access to Lexington Center and the Minuteman Bike Path, as well as off-street visibility. The deed includes the right to subdivide the unit. Deeded parking easements are included. The property is part of a financially separate commercial condo association.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shapiro Elder Law ... Attorney Marvin H. Greenberg ... Attorney Law Office of Steve ... Immigration Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    www.PetBehaviorProblems.com

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2271462
    Latitude
    42.4465447

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    FAQs

    What type of property is this?
    Medical office - Commercial space ideal for professional services, medical practices, or boutique.
    Where is this medical office located?
    The property is located at 48 Waltham St, Unit E Lexington, MA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime location at the intersection of Mass Ave and Waltham Street.; - Deeded right to subdivide the unit for flexible space utilization.; - Valuable deeded parking easements in downtown Lexington.
    (781) 386-0624
    Request Owner's contact information
    48 Waltham St, Unit E Lexington, MA 02421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48 Waltham St, Unit E Lexington, MA 02421
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