Property summary
Wayland Village, a 32,000 square foot shopping center in Wayland, Massachusetts, presents a unique investment opportunity. This multi-tenant property, built in 1961, boasts 5 suites, with 7,485 square feet currently vacant. Individual spaces range from a minimum of 851 square feet to a maximum contiguous space of 2,314 square feet, offering flexibility for various retail businesses. The center is strategically located at 297 Boston Post Rd, Wayland, MA 01778, in Middlesex County. Its convenient location, directly on Route 20 and just 15 minutes from Route 128 and Boston, ensures high visibility and accessibility. Anchored by a post office and CVS, Wayland Village benefits from significant foot traffic and a strong customer base within the affluent Wayland community. Ample parking is available with 160 spaces. The 3.38-acre lot provides ample room for expansion or outdoor amenities. This property offers a compelling opportunity to establish or expand a retail presence in a thriving suburban market. The existing infrastructure and prime location make this a highly desirable retail space. The property's size and layout are ideal for a variety of retail concepts, providing a chance to capitalize on the strong demographics and convenient location.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply General Contractor
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General Contractor
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General Contractor Construction Company
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Shipping Company Freight Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
BB · Wayland, MAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for BB in Wayland, MA.
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