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Watertown Office Space Available
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65 Grove Street, Watertown, MA 02472

Office space for rent in a thriving Watertown community.

Space SizeContact for details
Days on Market159

Property Features for 65 Grove Street

General Information

Standard status Active
Property subtype LifeSciences
Listing Agency: CBRE | Boston
Listed By: McKenna Teague
Source: Cbre
Added: Mar 16 Changed: Aug 21 Last Checked: Aug 20 at 5:17AM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

This commercial real estate property, located at 65 Grove Street in Watertown, MA, offers office units and spaces for rent. The building, originally built in 1945 and renovated in 2017, features a generous lobby with ample seating. Tenants have access to a fitness center, showers, and locker rooms. Exterior landscaping enhances the property's appeal. A dedicated shuttle service provides convenient connections to the MBTA red line. Covered garage parking is available with 300 spaces, offering a ratio of 3.25 spaces per 1,000 square feet. The property is part of a thriving 'live, work, play' community, with premier retail, residences, and hotels within walking distance. Access to the Watertown Greenway is also available. The property size is 3,763 square feet.

Key Highlights

  • Dedicated shuttle service connecting to the MBTA red line
  • Covered garage with free parking for tenants and visitors (3.25/1,000 SF ratio)
  • Thriving ‘live, work, play’ community in Watertown with premier retail, residences, and hotels within walking distance

Property Analytics

Current Use

CDS Visual, Inc. (Bike/Boat/Book/etc) Store Stellular Bio Corporate Office Markem-Imaje Business Service Center Selecta Biosciences Inc Corporate Office Lyndra Therapeutics Inc Corporate Office

Suggested Use

Top Pick Law Firm Hair Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Tattoo & Piercing Shop Cosmetic Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value

Market

Lease Benchmarks for Watertown, MA

$32.13 /SF/Yr
Avg Asking Price
$22–$55.5 /SF/Yr
Price Range
10,968 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent in a thriving Watertown community.
Where is this office units located?
The property is located at 65 Grove Street Watertown, MA.
What are key features of this property?
This property features: Dedicated shuttle service connecting to the MBTA red line; Covered garage with free parking for tenants and visitors (3.25/1,000 SF ratio); Thriving ‘live, work, play’ community in Watertown with premier retail, residences, and hotels within walking distance
More about this property
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