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    605-607 Main St Waltham, MA 02452

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    For Sale
    $2,100,000

    Mixed-use commercial/residential building in downtown Waltham, great investment opportunity.

    Building Details

    Year built
    1890

    Source: Realty Executives Agent Ari Koufos

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

    Overview

    Mixed-Use Building in Downtown Waltham

    This mixed-use building is located in downtown Waltham, across from City Hall. The property features two 2-bedroom units, two 1-bedroom units, and two retail units on the street level, currently occupied by a restaurant and a variety store. Additionally, there are two rooming house-style units that the current owner has utilized for the past 40 years. This property offers potential for long-term investment.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2347449
    Latitude
    42.3767385

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial/residential building in downtown Waltham, great investment opportunity.
    Where is this mixed-use property located?
    The property is located at 605-607 Main St Waltham, MA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Prime downtown Waltham location across from City Hall.; - Mixed-use commercial/residential building with income potential.; - Six total units: Two 2-bedroom, Two 1-bedroom, and Two retail units.
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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
    605-607 Main St Waltham, MA 02452
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