Elevator-Served Office
For Sale
Contact for pricing
49 River St Unit 2, Waltham, MA 02453
The second-floor suite has elevator access and entrances at both the front and rear of the building.
Property Size969 SF
Price / SF$0.02
Days on Market9
Property Features for 49 River St Unit 2
General Information
Standard status
Active
Size
969 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
2
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Compass
(781) 285-8028
Listed By:
Blake La Grassa
(508) 367-0175
Source:
Lockandkeyre
Added: Oct 12
Changed: Oct 19
Last Checked: Oct 19 at 9:32AM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 969-square-foot office suite occupies the second floor of a building constructed in 1900. An elevator serves the floor, and the unit can be entered from either the front or rear of the building. The space is suited to office, service-based and professional uses.
Nearby businesses include Dunkin’, D’Angelo and Descar Jewelers. The property is at 49 River St in Waltham, Massachusetts.
Nearby businesses include Dunkin’, D’Angelo and Descar Jewelers. The property is at 49 River St in Waltham, Massachusetts.
Key Highlights
- 969 SF second‑floor office suite
- Elevator access to the suite
- Separate entrances from the front and rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,747
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,940
$614.9K
Cap Rate 7%
$439,243
$439.2K
Cap Rate 9%
$341,633
$341.6K
Market Conditions
NOI Build-Up for 969 SF
Gross rent
$52.6K $54.24/SF
− Vacancy
−$11.6K −$11.93/SF
EGI
$41.0K $42.31/SF
− OpEx
−$10.2K −$10.58/SF
NOI
$30.7K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,940
Cap Rate 7%
$439,243
Cap Rate 9%
$341,633
Alternative Uses
Best Use
Office B
$439.2K
$384.3K – $512.5K
NOI $30,747 @ 7.0% cap · market cap 133,682.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.6K
$501.9K – $669.3K
NOI $40,155 @ 7.0% cap · market cap 174,586.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The second-floor suite has elevator access and entrances at both the front and rear of the building.
Where is this office unit located?
The property is located at 49 River St Unit 2 Waltham, MA.
What are key features of this property?
This property features: 969 SF second‑floor office suite; Elevator access to the suite; Separate entrances from the front and rear of the building
