First-Floor Office
77 Rumford Ave 1st flr, Waltham, MA 02453
For Sale
Contact for pricing
The suite offers private offices, a conference room, and space for open-plan work within a multi-tenant setting.
Property Size2,700 SF
Price / SF$0.01
Days on Market34
Property Features for 77 Rumford Ave 1st flr
General Information
Standard status
Size
Additional Details
Floor
Highway Access
Property Use
Building Details
Year Built
Construction
Tenancy
Listing Agency:
Castlearch Property Advisors
(617) 333-8763
Listed By:
Sergio Magno
(978) 835-1915
Source:
Remmesco
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 9:37AM
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 Castlearch Property Advisors
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Investment Insights
Based on property information with market context.
This 2,700-square-foot office suite occupies the first floor of a multi-tenant brick-and-beam building at 77 Rumford Ave in Waltham. Its layout combines private offices with a conference room, IT and storage rooms, a kitchenette, and an area for open-plan work. Common areas have been renovated, and off-street parking is available.
The property provides access to Waltham food and retail amenities and Routes 95, 90, and 16. The building dates to 1890.
The property provides access to Waltham food and retail amenities and Routes 95, 90, and 16. The building dates to 1890.
Key Highlights
- First‑floor office suite measuring ~2,700 sf
- Private offices, conference room, IT and storage rooms, kitchenette, and open‑plan area
- Brick‑and‑beam building with recently renovated common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,672
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,713,440
$1.7M
Cap Rate 7%
$1,223,886
$1.2M
Cap Rate 9%
$951,911
$951.9K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$146.4K $54.24/SF
− Vacancy
−$32.2K −$11.93/SF
EGI
$114.2K $42.31/SF
− OpEx
−$28.6K −$10.58/SF
NOI
$85.7K $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%
$1,713,440
Cap Rate 7%
$1,223,886
Cap Rate 9%
$951,911
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,672 @ 7.0% cap · market cap 389,418.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,887 @ 7.0% cap · market cap 508,577.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
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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
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Market
Properties on Market for Office Units in Waltham
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite offers private offices, a conference room, and space for open-plan work within a multi-tenant setting.
Where is this office unit located?
The property is located at 77 Rumford Ave 1st flr Waltham, MA.
What are key features of this property?
This property features: First‑floor office suite measuring ~2,700 sf; Private offices, conference room, IT and storage rooms, kitchenette, and open‑plan area; Brick‑and‑beam building with recently renovated common areas
