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    OFF-MARKET
    Retail space

    2 Edgemoor Ave, Wellesley, MA 02482-2237

    0.24 ac lot
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US38-0873539
    Property summary
    AI-generated overview

    This newly renovated 940 square foot flex space in Wellesley, MA, is available for lease starting December 1, 2024, or sooner. Located at 2 Edgemoor Ave, 02482, this single-tenant industrial property sits on a spacious 10,490 square foot lot and offers ample parking. Ideal for trade businesses such as plumbers, electricians, or contractors, this property boasts a convenient location with easy access to major roadways. The current layout includes a functional office area with the potential for expansion. A possible 900 square foot second-floor expansion is also available. The monthly rent is $3,200, plus NNN and utilities. The property is perfect for businesses needing a blend of office and warehouse space, offering both functionality and a prime location in Wellesley. This is a fantastic opportunity to secure a well-maintained, conveniently located space for your business. Don't miss out on this chance to establish your business in a thriving area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.24 ac (10,490 SF)
    APN WELL M:205 R:002 S:
    UPID US38-0873539
    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
    • Details Etc Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bumstead LLC · 15 yrs held
    Bumstead LLC
    since 2011
    6 recorded transactions
    2011
    $500,000
    2011
    2010
    2006
    2005
    2001
    $325,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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