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    Property profile & analytics
    OFF-MARKET Estimated value $1,290,000
    Office buildings

    16 Prescott St, Wellesley, MA 02481-7524

    0.2 ac lot
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-0757256
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.2 ac (8,720 SF)
    APN WELL M:075 R:049 S:
    UPID US38-0757256
    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
    • YES, Inc Training Center
    • Boost Skin Care Clinic Medical Clinic Skin Care Clinic
    • G B Financial Group Financial Advisor
    • Filo Chemical Chemical Plant Industrial Park
    • Fallon Pension Actuaries Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.33M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    Raider Prescott RT · 2 yrs held
    Raider Prescott RT
    since 2023
    Last sale
    $1.3M
    2 recorded transactions
    2023
    $1.3M
    2001
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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