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Second-Floor Office Suite
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49 River St Unit 4, Waltham, MA 02453

Elevator access and entrances at both the front and rear serve this professional office space.

Property Size1,270 SF
Price / SF$0.02
Days on Market5

Property Features for 49 River St Unit 4

General Information

Standard status Active
Size 1,270 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 2

Building Details

Year Built 1900
Listing Agency: Compass
Listed By: Blake La Grassa
Source: Lockandkeyre
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 8:46AM

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

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Investment Insights

Based on property information with market context.

This 1,270-square-foot office suite occupies the building’s second floor and dates to 1900. An elevator serves the floor, with access to the unit from both the front and rear of the building. The space is suited to office, service-based, and professional uses.

Nearby businesses include Dunkin’, D’Angelo, and Descar Jewelers, alongside a mix of amenities and daily foot traffic.

Key Highlights

  • 1,270 SF second‑floor office suite
  • Elevator access to the suite
  • Separate front and rear entrances to the unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,298
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,960 $806.0K
Cap Rate 7%
$575,686 $575.7K
Cap Rate 9%
$447,756 $447.8K
Market Conditions
NOI Build-Up for 1,270 SF
Gross rent
$68.9K $54.24/SF
− Vacancy
−$15.2K −$11.93/SF
EGI
$53.7K $42.31/SF
− OpEx
−$13.4K −$10.58/SF
NOI
$40.3K $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%
$805,960
Cap Rate 7%
$575,686
Cap Rate 9%
$447,756

Alternative Uses

Best Use
Office B
$575.7K
$503.7K – $671.6K (±1% cap)
NOI $40,298 @ 7.0% cap · market cap 175,208.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$751.8K
$657.9K – $877.1K (±1% cap)
NOI $52,628 @ 7.0% cap · market cap 228,817.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Descar Jewelry Design. ... (Bike/Boat/Book/etc) Store Sunshine Books Inc (Bike/Boat/Book/etc) Store Dunkin' Bakery Watertown Savings Bank ... Atm D'Angelo Grilled Sandwiches Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

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

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 units - Elevator access and entrances at both the front and rear serve this professional office space.
Where is this office units located?
The property is located at 49 River St Unit 4 Waltham, MA.
What are key features of this property?
This property features: 1,270 SF second‑floor office suite; Elevator access to the suite; Separate front and rear entrances to the unit
More about this property
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