61-71 Central St Wellesley, MA 02482
This exceptional retail space, located at 61-71 Central Street in the heart of downtown Wellesley, Massachusetts, presents a unique investment opportunity. The property comprises two buildings totaling 17,900 square feet, currently housing a mix of established businesses including J.P. Licks, Dellaria Salons, Wasik’s Cheese Shop, and Black & Blue Steak and Crab. This vibrant retail block offers a single available suite of 964 square feet, ideal for a variety of retail uses. The property boasts a significant advantage with a private 60-space parking lot situated directly behind the buildings, providing ample parking for customers and employees. The convenient location is further enhanced by its proximity to the Wellesley Square Commuter Rail station, ensuring excellent accessibility for both local residents and commuters. Located in Norfolk County, this property offers a high-traffic location within a thriving downtown area, making it an attractive proposition for businesses seeking a strong presence in a desirable market. The property is classified as a shopping center and storefront, offering a versatile space adaptable to various retail concepts. This is a rare opportunity to secure a space in a well-established and highly sought-after retail center in Wellesley, MA.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.