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    OFF-MARKET
    Specialty properties

    332 Washington St, Wellesley, MA 02481

    1,277 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Robert H. Gilman, MD Physician Medical Clinic
    • Richard Margil Alternative Medicine Practice
    • Arthur Shektman Physician
    • Laurence S. Callum, LIC Insurance Agency
    • Freeman Julie Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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