Property profile

20 Hope Ave 208 Waltham, MA 02453

FOR SALE
Medical Office Space
Property ID
US38-Q004304
1,156 SF Built 1970
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Property summary

AI-generated overview

20 HOPE AVENUE, WALTHAM, MA. Medical Commercial Condo unit consisting of check in area, good sized waiting room, a private office, two treatment rooms, two exam rooms and large rest room. Wonderful opportunity for an occupant with a medical and/or medical like use. Unit has been recently totally renovated and updated. Building has handicap and elevator access. Building affords an excellent rental history. Prime convenient location, just off major highways and routes. A rare opportunity to own/lease first class medical office space in highly the desirable and strategically geographic, City of Waltham.

Property profile

Verified
Property type Medical Office Space
Year built 1970
Total area 1,156 SF
UPID US38-Q004304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Alternative Medicine Practice
  • Alternative Medicine Practice Acupuncture
  • Dental Office
  • Dental Office
  • Dental Office

Location

20 Hope Ave, Unit 208 Waltham, MA 02453
Waltham metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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