Technical
Financial
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Property profile

332 Washington St Wellesley, MA 02481

OFF-MARKET
Specialty properties
1,277 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 1,277 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Alternative Medicine Practice
  • Physician
  • Insurance Agency
  • Physician

Location

332 Washington St Wellesley, MA 02481
Wellesley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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