15 Church St Waltham, MA 02452-5501
- Office buildings
- 3,947 SF
- 0.25 lot acres
May 28, 2025
Current Use by Public Records
- The Law Office of Trevor P. Dunn / Immigration Attorney
- Advantage Property Team LLC / Real Estate Agent / Real Estate Consultant
- Let's Pay Bills & More / Financial Consultant
- KAR-GLASS LLC / Auto Glass Shop
- Di Sciullo Jr Alfred / Attorney
Property Details for 15 Church St
- Year built
- 1850
- Construction
- FRAME
- Lot size
- 0.25 lot acres
- Property size
- 3,947 SF
- Property type
- Office buildings
- APN
- WALT M:060 B:007 L:0027
- APU
- WALTM060B007L0027
Description
This exceptional Waltham property presents a unique investment opportunity encompassing 6,108 square feet (3,947 sq ft above grade and 2,161 sq ft below grade) situated on a 0.25-acre lot (10,899 sq ft). Currently configured as an 11-unit office building with tenants at will, this property offers significant flexibility for redevelopment. The existing structure features beautiful woodwork, high ceilings, and abundant natural light. Its prime location in a mixed-use neighborhood provides convenient access to the commuter rail, ensuring easy transportation for residents or employees. The property's proximity to a park and Main Street adds to its desirability, offering nearby amenities and accessibility. Ample parking for 8-10 cars is a significant advantage, a rare find in this area. The property's size and layout lend themselves to conversion into 3-4 residential units, presenting a compelling opportunity for rental income generation or resale. This property is ideal for investors, contractors, or first-time buyers seeking a project with substantial upside potential. The existing structure provides immediate cash flow while offering the potential for significant value appreciation through strategic redevelopment. This is a rare chance to acquire a substantial property in a highly desirable Waltham location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,050,000
- ML approach
- $1,045,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $936,000
Market price range: $679k - $1.57M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,005,000 Current use
- COMMERCIAL (GENERAL)
- $1,145,000 Change: +14% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,110,000 Change: +10% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,095,000 Change: +9% Conversion: Difficult
- RETAIL STORES
- $1,065,000 Change: +6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Waltham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2346
- Latitude
- 42.377
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA