400 Boston Post RdWayland, MA 01778

  • Commercial real estate
  • 44,301 SF

Property Details for 400 Boston Post Rd

Year built
2012
Construction
STEEL FRAME
Lot size
11.50 AC
Property size (Sq ft)
44,301 SF
Zone code
LC
Property type
Commercial real estate
APN
WAYL M:23 L:052
APU
WAYLM23L052

Description

This exceptional mixed-use development, Wayland Town Center, offers a unique opportunity for businesses seeking high-visibility retail or medical office space in the affluent town of Wayland, Massachusetts. Located at 400 Boston Post Rd, 01778, this 191,448 square foot property boasts a prime location just 20 minutes west of downtown Boston, conveniently situated off Route 20 and Route 27. The center features a strong tenant mix including a Stop & Shop anchor grocer, X-Golf, The Local, Elements Massage, The Bagel Table, Btone, and Giacomo's Restaurant, along with approximately 17,000 square feet of medical office space anchored by Beth Israel Deaconess Medical Center. Currently, there are 10 spaces available, ranging from 900 to 15,000 contiguous square feet, with a total of 19,889 square feet of vacant space. The property sits on a 28.85-acre lot and offers 899 parking spaces, ensuring ample convenience for customers and employees. Benefitting from 439 feet of frontage along Route 20, the center enjoys exceptional visibility at the intersection of two major roadways. The property is zoned LC-Limited Commercial/Mixed-Use Overlay District. This vibrant center offers a compelling combination of strong demographics, ample parking, and a diverse tenant mix, making it an ideal location for businesses seeking to thrive in a successful retail market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,383,482
    Hospitality
    $7,679,224
    Educational
    $6,389,024
    Medical
    $6,608,753
    Retail
    $9,938,483

Location Insight

City
Wayland
County
Middlesex
State
Massachusetts
Latitude
42.3642
Longitude
-71.3679
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$433,512
$8,124,100
$19,808,400
$27,932,500
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