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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

53-61 Central St Wellesley, MA 02482

6,047 SF
Property ID
Property summary
AI-generated overview

Central Block, located at 53-61 Central Street in Wellesley, Massachusetts, presents a unique retail investment opportunity. This single-story, 6,047 square foot shopping center is situated in the heart of Wellesley Square's upscale shopping district, offering excellent visibility and foot traffic. Currently, 1,700 square feet of retail space is available for lease, providing a chance to establish a presence amongst established, high-quality tenants such as Wellesley Toy Shop, O'Neil Jewelers, Eileen Fisher, and Cocobeet. The property boasts a prime location, just a quarter-mile from Route 16 and within three miles of both Route 128 and Route 9, ensuring convenient access for customers and employees. The building is located in Norfolk County and has a zip code of 02482. This is an exceptional opportunity to secure a retail space in a thriving, affluent community with strong demographics and high consumer spending. The available space offers significant potential for a variety of retail uses, capitalizing on the established success of the existing tenants and the high-traffic location. The property's single-story design provides easy accessibility and efficient use of space. Contact us today to learn more about this exceptional retail opportunity in Wellesley Square.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,047 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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