16 Prescott St, Wellesley, MA 02481-7524
This exceptional Wellesley, MA property at 16 Prescott Street offers a variety of office spaces for lease. The building, totaling 5,000 square feet, is a three-story structure featuring both traditional and executive office suites, as well as creative office options. Currently, two suites are available, ranging in size from 700 to 800 square feet, perfect for businesses seeking flexible and adaptable workspaces. The building's prime location in Wellesley offers unparalleled convenience, situated within walking distance of the Wellesley Hills Commuter Rail Station, providing easy access to Boston and surrounding areas. Its proximity to Route 16 and Washington Street ensures excellent accessibility by car. This boutique office setting provides a professional and productive environment for businesses of all sizes. The multiple tenancy structure allows for a diverse community of tenants. The building's classic architecture and modern amenities create a desirable workspace in a highly sought-after location. Interested parties are encouraged to inquire about available suite sizes and lease terms. The address is 16 Prescott Street, Wellesley, MA 02481.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.