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    54 Boston Post Rd Wayland, MA 01778

    For Sale
    Contact for pricing

    Prime Retail Space, High Traffic Area

    Property size:
    3,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,050 square foot freestanding retail building is ideally situated at 54 Boston Post Rd in Wayland, Massachusetts, within Middlesex County (zip code 01778). The property boasts a highly visible location on Route 20, experiencing a daily traffic count of 29,065 vehicles. Its former use as a bank includes a convenient drive-thru, a significant advantage for various retail operations. Ample parking is provided with 25 spaces available on-site. The building presents a unique opportunity for businesses seeking high visibility and accessibility. The surrounding area demonstrates strong demographics, with a daytime population exceeding 159,756 within a five-mile radius and an average household income surpassing $230,000 within the same proximity. The property is available for immediate sale, making it an attractive investment for discerning buyers. This location offers unparalleled access to a substantial consumer base, making it an ideal choice for a variety of retail ventures. The building's size and features, combined with its prime location and strong demographics, create a compelling investment opportunity. Serious inquiries are encouraged.

    Property Features for 54 Boston Post Rd

    General Information

    Property type
    Retail properties
    Square Feet
    3,050 SF

    HighLights

    • Former bank branch with drive‑thru.
    • Immediately available for lease.
    • 25‑space parking lot.
    • High visibility on Route 20, with 29,065 vehicles passing daily.
    • Strong daytime population of 159,756 within a five‑mile radius.
    • High average household income exceeding $230,000 within a five‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayland
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3345842
    Latitude
    42.3611232

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Traffic Area
    Where is this retail property located?
    The property is located at 54 Boston Post Rd Wayland, MA.
    What are key features of this property?
    This property features: Former bank branch with drive-thru.; Immediately available for lease.; 25-space parking lot.
    (617) 912-6835
    Request Owner's contact information
    54 Boston Post Rd Wayland, MA 01778
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    Wayland, MA 01778
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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
    54 Boston Post Rd Wayland, MA 01778
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