This Multifamily Property is no longer advertised on LoopNet.com.

40 Waltham St
Lexington, MA 02421
Lexington Place · Multifamily Property For Sale · 30 Units

Executive Summary

A unique opportunity at the intersection of Mass Ave and Waltham Street, ideal for professional services, medical/wellness practices, or a high-end boutique. This versatile commercial space offers convenient access to Lexington Center, Minuteman Bike path and off-street visibility. Benefit from significant flexibility with the deeded right to subdivide the unit and valuable deeded parking easements – a true asset in downtown Lexington. This represents a strategic investment in a community rich with history and modern conveniences, all within a financially separate commercial condo association for controlled costs.

Property Facts

No. Units 30
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class B
Lot Size 1.03 AC
Building Size 90,000 SF
No. Stories 2
Year Built 2009
Parking Ratio 0.03/1,000 SF
APN / Parcel ID
LEXI-000048-000000-000036A-000004
  • LEXI-000048-000000-000036A-000005
Zoning CD-12 - Commercial Condominium
  • Listing ID: 37321697

  • Date on Market: 8/18/2025

  • Last Updated:

  • Address: 40 Waltham St, Lexington, MA 02421

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