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231 Lexington St 4,439 SF Industrial Building Waltham, MA 02452 $2,495,000 ($562.06/SF)
Investment Highlights
- Centrally located within Waltham’s active business district with excellent access to major roadways and transit.
- Updated roof and modernized forced hot air gas heating contributing to long-term operational reliability.
- Freestanding structure offering full site control and flexible future expansion options.
- High-visibility Lexington Street presence in a heavily trafficked commercial corridor.
- Functional mix of office and warehouse features with a loading dock supporting a range of business use.
- Ample on-site parking with potential to increase based on configuration and vehicle size.
Executive Summary
Prime, convenient, heavily trafficked Lexington Street location. High visibility, convenience and accessibility for your business or potential investment possibilities. Property has always been family owned and operated and well maintained. Property affords a loading dock and ample parking. Currently the property consists of 6-7 offices, 5 bathrooms and 2500(+-) square feet of manufacturing/warehouse space. Newer roof and updated forced hot air gas heat. This building is a rare find and unique opportunity for a business in Waltham.
Text or email Glenna @ 781-710-1749 or glenna.gelineau@gmail.com. 24 Notice to show.
Seller is exercising a 1031 exchange - closing date to be coordinated as such. Number of parking spaces is estimated. It
is possible to have more spaces based on parking plan and size of vehicles.
Text or email Glenna @ 781-710-1749 or glenna.gelineau@gmail.com. 24 Notice to show.
Seller is exercising a 1031 exchange - closing date to be coordinated as such. Number of parking spaces is estimated. It
is possible to have more spaces based on parking plan and size of vehicles.
Property Facts
| Price | $2,495,000 | Rentable Building Area | 4,439 SF |
| Price Per SF | $562.06 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1946 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.13/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 0.64 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C, Waltham | ||
| Price | $2,495,000 |
| Price Per SF | $562.06 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.64 AC |
| Rentable Building Area | 4,439 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Tenancy | Single |
| Parking Ratio | 1.13/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C, Waltham |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $73,700 | |
| Land Assessment | $668,600 | Total Assessment | $742,300 |
Property Taxes
Parcel Numbers
Land Assessment
$668,600
Improvements Assessment
$73,700
Total Assessment
$742,300
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231 Lexington St
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