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    40 Grove St Wellesley, MA 02482

    For Lease
    Contact for pricing

    Boutique office spaces in desirable Wellesley, MA.

    Lot size:
    50,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Wellesley, MA office property, located at 40 Grove Street, 02482, offers a unique opportunity for businesses seeking premium office space. The building boasts a total of 50,588 square feet and features multiple tenancies, providing flexibility for various business needs. Currently, there are five available suites ranging in size from 941 to 1,700 square feet, perfect for small to medium-sized companies. The building's traditional office design provides a professional and efficient work environment. The property's prime location in Wellesley offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is an ideal opportunity to establish a presence in a thriving and highly sought-after business community. The building's classic architecture and well-maintained interior create a sophisticated and welcoming atmosphere. The available suites are ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a highly desirable location. The address is 40 Grove Street, Wellesley, MA 02482. The geographic coordinates are latitude 42.2959428 and longitude -71.2919265.

    Property Features for 40 Grove St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,588 SF

    Unit(s) available at that property

    Space
    2nd Floor - 1,700
    Size
    1,700 SF
    Space
    4th Floor - 1,500 SF
    Size
    1,500 SF
    Space
    3rd Floor - 1,388 SF
    Size
    1,388 SF
    Space
    1st Floor - 1,323 SF
    Size
    1,323 SF
    Space
    3rd Floor - 941 SF
    Size
    941 SF

    HighLights

    • Wellesley, MA office building at 40 Grove Street, 02482, totaling 50,588 square feet.
    • Five available suites ranging from 941 to 1,700 square feet.
    • Prime Wellesley location with easy access to major transportation routes.
    • Traditional office design; suites ready for immediate occupancy.
    • High‑quality office space in a highly desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Law Offices of Sonja ... Real Estate Attorney Babar Saleem Dentist MAC LAW LLC Real Estate Attorney Wellesley Smiles Dental ... Dentist Woodacre Law Group Divorce Lawyer

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellesley
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2919265
    Latitude
    42.2959428

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    FAQs

    What type of property is this?
    Office Property / Space - Boutique office spaces in desirable Wellesley, MA.
    Where is this office property / space located?
    The property is located at 40 Grove St Wellesley, MA.
    What are key features of this property?
    This property features: Wellesley, MA office building at 40 Grove Street, 02482, totaling 50,588 square feet.; Five available suites ranging from 941 to 1,700 square feet.; Prime Wellesley location with easy access to major transportation routes.
    Request Owner's contact information
    40 Grove St Wellesley, MA 02482
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    Wellesley, MA 02482
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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
    40 Grove St Wellesley, MA 02482
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