Three-Suite Office
New
For Sale
Contact for pricing
49 River St, Waltham, MA 02453
Elevator service and suite-level restrooms support the second-floor office layout.
Property Size6,769 SF
Price / SF$0.00
Days on Market4
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Property Features for 49 River St
General Information
Standard status
Active
Size
6,769 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
2
Office Units
3
Amenities
private restrooms
common-area restroom
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 15
Last Checked: Oct 15 at 2:25AM
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
Investment Insights
Based on property information with market context.
The second-floor office space totals 6,769± SF and is arranged as three separate suites. Each suite has its own restroom, with another restroom in the common area. Elevator service provides access to the floor.
Neighboring tenants include Dunkin’, D’Angelo, and Descar Jewelers. The building was constructed in 1900.
Neighboring tenants include Dunkin’, D’Angelo, and Descar Jewelers. The building was constructed in 1900.
Key Highlights
- 6,769± SF of second‑floor office space
- Three distinct suites arranged on one floor
- A private restroom in each suite, plus one in the common area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,783
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,295,660
$4.3M
Cap Rate 7%
$3,068,329
$3.1M
Cap Rate 9%
$2,386,478
$2.4M
Market Conditions
NOI Build-Up for 6,769 SF
Gross rent
$367.2K $54.24/SF
− Vacancy
−$80.8K −$11.93/SF
EGI
$286.4K $42.31/SF
− OpEx
−$71.6K −$10.58/SF
NOI
$214.8K $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%
$4,295,660
Cap Rate 7%
$3,068,329
Cap Rate 9%
$2,386,478
Alternative Uses
Best Use
Office B
$3.07M
$2.68M – $3.58M
NOI $214,783 @ 7.0% cap · market cap 859,132.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,506 @ 7.0% cap · market cap 1,122,024.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Elevator service and suite-level restrooms support the second-floor office layout.
Where is this office units located?
The property is located at 49 River St Waltham, MA.
What are key features of this property?
This property features: 6,769± SF of second‑floor office space; Three distinct suites arranged on one floor; A private restroom in each suite, plus one in the common area
