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    FOR LEASE
    Office buildings

    40 Grove St, Wellesley, MA 02482

    1.49 ac lot
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-1817224
    Property summary
    AI-generated overview

    This exceptional Wellesley, MA office property, located at 40 Grove Street, 02482, offers a unique opportunity for businesses seeking premium office space. The building boasts a total of 50,588 square feet and features multiple tenancies, providing flexibility for various business needs. Currently, there are five available suites ranging in size from 941 to 1,700 square feet, perfect for small to medium-sized companies. The building's traditional office design provides a professional and efficient work environment. The property's prime location in Wellesley offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This is an ideal opportunity to establish a presence in a thriving and highly sought-after business community. The building's classic architecture and well-maintained interior create a sophisticated and welcoming atmosphere. The available suites are ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a highly desirable location. The address is 40 Grove Street, Wellesley, MA 02482. The geographic coordinates are latitude 42.2959428 and longitude -71.2919265.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 1.49 ac (64,825 SF)
    APN WELL M:112 R:037 S:
    UPID US38-1817224
    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
    • Law Offices of Sonja B. Selami, P.C. Law Firm
    • Babar Saleem Dental Office
    • MAC LAW LLC Law Firm
    • Wellesley Smiles Dental Professionals Dental Office
    • Woodacre Law Group Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.39M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $15.32M
    Owner & transaction history
    Raider Grove RT · 2 yrs held
    Raider Grove RT
    since 2023
    Last sale
    $15.0M
    2 recorded transactions
    2023
    $15.0M
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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