230 2Nd AveWaltham, MA 02451

Property Details for 230 2Nd Ave

Year built

1985

Construction

STEEL FRAME

Property size (Sq ft)

7,864 SF

Property type

Office properties

APN

WALT M:039 B:002 L:0005 01A

APU

WALTM039B002L000501A

Description

This exceptional 7,500-square-foot single-tenant industrial flex space is ideally located at 230 Second Avenue in Waltham, Massachusetts, within Middlesex County. The property boasts a spacious layout, perfect for a variety of uses, with a high 14'2" ceiling height providing ample vertical space. The building offers excellent accessibility and ample parking with 22 spaces available on-site. The property is currently vacant and ready for immediate occupancy. Power is robust, featuring 1000 amps, 3-phase, 4-wire service, ensuring sufficient capacity for demanding operations. Its convenient location in Waltham, MA, zip code 02451, offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a well-appointed industrial flex space in a highly desirable location. The property is classified as industrial with a flex subtype, making it suitable for a range of businesses requiring both office and warehouse space. The entire 7,500 square feet is available for lease. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,300,154

  6.5%

  $1,200,142

  7%

  $1,114,418

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,027,510

  Geo Method

  $1,027,510

• Alternative Use

  Use

  Valuation

  Residential

  $1,488,176

  Hospitality

  $1,363,162

  Educational

  $1,134,134

  Medical

  $1,173,139

  Retail

  $1,764,209

Location Insight

City

Waltham

County

Middlesex

State

Massachusetts

Latitude

42.3897

Longitude

-71.2631

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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