258 Washington St 5,131 SF 100% Leased Office Building Wellesley, MA 02481 For Sale

Paramount Partners is pleased to exclusively market for sale 258 Washington Street, Wellesley MA.
Conveniently accessed from both Route 16 and Route 9, 258 Washington Street is well situated in the Wellesley Hills section of Wellesley. This 2.5 level, mixed-use retail and dental office building consists of approximately 5,131 SF and is handicap-accessible.
The first floor, formerly Eastern Bank, was significantly upgraded when acquired as part of Eastern Bank’s acquisition of Century Bank.
The second and third levels are tenanted by Metro West Dental which has been a tenant in good standing since 2015 and there are several more years remaining in its tenancy.
As a result of Eastern Bank’s vacating the Property, the prime first floor space should be very attractive to other financial institutions looking to benefit from having a Wellesley presence with an opportunity to tap into some of the States highest average household incomes.
Wellesley has seen good year over year growth in the total number of businesses and employees, and with one of the best school districts in all of Massachusetts, this growth in daytime population should continue to grow.
Factoring in the quality of the Town, the location, and the property itself, 258 Washington Street is a smart investment opportunity that does not come about too often.