303 Wyman StWaltham, MA 02451

Property Details for 303 Wyman St

Year built

1978

Construction

STEEL FRAME

Lot size

7.90 AC

Property size (Sq ft)

86,601 SF

Property type

Office buildings

APN

WALT M:012 B:009 L:006A

APU

WALTM012B009L006A

Description

This Class A office building, located at 303 Wyman Street, Suite 300, Waltham, MA 02451, offers 19,613 square feet of flexible workspace. The property features a mix of executive office suites, coworking spaces, and creative office options, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant, spread across a total of 350 suites. The building boasts a stunning three-story glass atrium with a welcoming reception area. Amenities include elevators and convenient access via a discounted shuttle bus from Alewife Station. Situated in the prestigious Hobbs Brook Office Park, tenants enjoy proximity to a gym, cafes, and major roadways, just 10 miles west of Boston. The building underwent renovations in 2019. Available spaces range from fully furnished private offices for individuals to larger spaces accommodating entire companies, including serviced, custom, and disaster recovery options. A benefits program offering exclusive discounts and procurement support is also available to tenants. This property is ideal for businesses seeking a modern, well-equipped, and conveniently located office space in Middlesex County.

• CAP approach

  CAP return

  Valuation

  6%

  $14,317,732

  6.5%

  $13,216,368

  7%

  $12,272,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,315,287

  Geo Method

  $11,315,287

• Alternative Use

  Use

  Valuation

  Residential

  $16,388,296

  Hospitality

  $15,011,591

  Educational

  $12,489,468

  Medical

  $12,919,000

  Retail

  $19,428,062

Location Insight

City

Waltham

County

Middlesex

State

Massachusetts

Latitude

42.4063

Longitude

-71.255

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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