Property summary
This exceptional 2,600 square foot office space is situated on the third floor of a six-story building at 331 Montvale Avenue in Woburn, Massachusetts. The property, with APN WOBU-000054-000005-000009, boasts a highly desirable location, less than two miles from I-95 and approximately eight miles north of Boston, offering easy access via Route 93 South. The building itself, constructed in 1980, comprises 32,040 total square feet on a 1.29-acre lot and features a traditional office design with a 12-foot ceiling height. This single-tenant space includes approximately five private offices, adaptable areas suitable for reception or conference rooms, and a fully equipped kitchenette lounge. The flexible layout caters to a variety of business needs, from general office space to professional or medical/dental practices. Ample parking is provided with approximately 80 shared spaces located at the rear of the building. The property's zoning is classified as "Bl". Its convenient location near downtown Boston, adjacent to I-93, and one exit from Route 95, coupled with its proximity to numerous restaurants and retailers, makes this an ideal location for any business seeking a thriving and accessible environment. The building is equipped with elevators.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Credit Union
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Bank
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Home Health Care Service
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Consultant Software Training Institute
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
of Industrial (I), Office Park (OP), or Business Interstate (BI) to Residential (R-1, R-2, R-3 or R-4) that occurs after (September 25, 2015), the burden of providing the buffer zone shall be imposed on the property rezo…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B-I · Woburn, MAof Industrial (I), Office Park (OP), or Business Interstate (BI) to Residential (R-1, R-2, R-3 or R-4) that occurs after (September 25, 2015), the burden of providing the buffer zone shall be imposed on the property rezo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
of Industrial (I), Office Park (OP), or Business Interstate (BI) to Residential (R-1, R-2, R-3 or R-4) that occurs after (September 25, 2015), the burden of providing the buffer zone shall be imposed on the property rezo…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-I in Woburn, MA.
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