Open-Concept Office
99 Cedar St, Waltham, MA 02453
For Sale
Contact for pricing
Second-floor commercial space with a private bathroom, kitchen access, and on-site parking.
Property Size5,000 SF
Price / SF$0.00
Days on Market55
Property Features for 99 Cedar St
General Information
Standard status
Size
Property subtype
Zoning
Lease Type
Additional Details
Floor
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
dedicated bathroom
kitchen access
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Castlearch Property Advisors
(617) 333-8763
Listed By:
Sabrina Magno · License #SL9508754
(617) 331-1330
Source:
Churchillprop
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 8 at 4:17AM
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 Castlearch Property Advisors
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Investment Insights
Based on property information with market context.
This second-floor office unit offers approximately 2,500 square feet of open-concept space within a two-story commercial building. The premises include a dedicated bathroom and access to a shared kitchen, with the layout supporting office or studio-oriented use. On-site parking is available, and the building carries BB zoning.
The property is near Waltham’s Moody Street dining and provides convenient access to I-90 and Route 128. The open floor plan and existing support areas may accommodate fitness, dance, design, or architectural office concepts.
The property is near Waltham’s Moody Street dining and provides convenient access to I-90 and Route 128. The open floor plan and existing support areas may accommodate fitness, dance, design, or architectural office concepts.
Key Highlights
- Approximately 2,500 SF of open‑concept second‑floor space
- Dedicated bathroom within the unit
- Kitchen access included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,652
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,173,040
$3.2M
Cap Rate 7%
$2,266,457
$2.3M
Cap Rate 9%
$1,762,800
$1.8M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$271.2K $54.24/SF
− Vacancy
−$59.7K −$11.93/SF
EGI
$211.5K $42.31/SF
− OpEx
−$52.9K −$10.58/SF
NOI
$158.7K $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%
$3,173,040
Cap Rate 7%
$2,266,457
Cap Rate 9%
$1,762,800
Alternative Uses
Best Use
Office B
$2.27M
$1.98M – $2.64M
NOI $158,652 @ 7.0% cap · market cap 881,400.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,199 @ 7.0% cap · market cap 1,151,105.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,366
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Second-floor commercial space with a private bathroom, kitchen access, and on-site parking.
Where is this office unit located?
The property is located at 99 Cedar St Waltham, MA.
What are key features of this property?
This property features: Approximately 2,500 SF of open‑concept second‑floor space; Dedicated bathroom within the unit; Kitchen access included
