Downtown Office
New
For Sale
Contact for pricing
88A Maple Street, Waltham, MA 02453
Individual offices or the complete premises are available, with public parking beside the building.
Property Size3,200 SF
Price / SF$1.00
Days on Market5
Property Features for 88A Maple Street
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker Realty - Waltham
(781) 893-0808
Listed By:
Lisa Lyons
(617) 974-8538
Source:
Lockandkeyre
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:21PM
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 Coldwell Banker Realty - Waltham
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This downtown office property contains approximately 3,200 SF and dates to 1955. The space is available as individual offices or as a complete premises, offering flexibility in how the office area is occupied.
The building is in downtown Waltham near Moody Street restaurants, cafes, and local businesses. Public parking is adjacent, and the property is convenient to public transportation and major routes.
The building is in downtown Waltham near Moody Street restaurants, cafes, and local businesses. Public parking is adjacent, and the property is convenient to public transportation and major routes.
Key Highlights
- Approximately 3,200 SF of office space
- Available as individual offices or the full premises
- Adjacent public parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,537
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,030,740
$2.0M
Cap Rate 7%
$1,450,529
$1.5M
Cap Rate 9%
$1,128,189
$1.1M
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$173.6K $54.24/SF
− Vacancy
−$38.2K −$11.93/SF
EGI
$135.4K $42.31/SF
− OpEx
−$33.8K −$10.58/SF
NOI
$101.5K $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%
$2,030,740
Cap Rate 7%
$1,450,529
Cap Rate 9%
$1,128,189
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,537 @ 7.0% cap · market cap 3,173.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,607 @ 7.0% cap · market cap 4,143.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,969
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Individual offices or the complete premises are available, with public parking beside the building.
Where is this office unit located?
The property is located at 88A Maple Street Waltham, MA.
What are key features of this property?
This property features: Approximately 3,200 SF of office space; Available as individual offices or the full premises; Adjacent public parking
