332 Washington St Wellesley, MA 02481
- Specialty properties
- 1,277 SF
Current Use by Public Records
- Dr. Robert H. Gilman, MD / Cosmetic Surgeon
- Richard Margil / Chiropractor
- Arthur Shektman / Medical Specialist
- Laurence S. Callum, LIC / Insurance Agency
- Freeman Julie / Nutritionist
Property Details for 332 Washington St
- Property size
- 1,277 SF
- Property type
- Specialty properties
Description
This exceptional opportunity presents the acquisition of an established and thriving medical spa located at 332 Washington Street, Wellesley, MA 02481. The 1,277 square foot space boasts a sophisticated design and includes a welcoming reception area, five well-appointed treatment rooms, three bathrooms, a convenient kitchenette, and ample storage. All equipment and inventory are included in the sale, representing a value exceeding the asking price of $150,000 if purchased new. The spa offers a comprehensive range of services, including facials, laser treatments, skin rejuvenation, Botox, fillers, and microneedling, catering to a diverse clientele. The current lease agreement has a remaining term of 2.5 years, with a valuable 5-year option available, providing long-term stability for the new owner. This turnkey operation is perfectly suited for both experienced professionals seeking expansion and aspiring entrepreneurs entering the rapidly growing medical spa industry. The property's prime location in Wellesley, Massachusetts, further enhances its appeal and potential for continued success. This is a rare chance to acquire a profitable, established business with significant upside potential. The property is a special purpose building, offering a unique investment opportunity in a high-demand sector.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wellesley
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2762
- Latitude
- 42.3103
