564 Main St & 19 Music Hall Ave, Waltham 2 Properties in Waltham, MA

CastleArch Property Advisors, in partnership with RW Francis & Co, is pleased to present an opportunity, to acquire 564 Main St, a fully leased ~27,000 square foot office building, in combination with the an adjacent parcel located at 19 Music Hall Ave, a 2,800 square feet, free-standing 4-bay commercial garage.
Steps from Waltham’s epicenter – Main & Moody, this investment offers existing cash flow with near-term upside, supported by a diverse roster of long-term service-type tenants and a key transit-oriented location.  The property’s BC zone classification offers investors an alternative strategic option – multi-family development potential.
564 Main St benefits from over 100 feet of frontage on the heavily travelled Main St (Route 20), and combined with 19 Music Hall offers a total lot area of ~70,000 square feet. Only ten miles west of Boston, this desirable location for office/commercial tenants provides convenient access to I-95/Route 128 and the Massachusetts Turnpike (I-90) providing tremendous connectivity throughout Greater Boston.
564 Main St and 19 Music Hall Ave offer investors a 100% leased, diversified commercial investment opportunity with a two-pronged approach to value creation in a prime, urban infill location. A compelling, value-add investment and/or redevelopment, 564 Main St and 19 Music Hall Ave are being offered free and clear of debt and without a formal asking price.  A “Call for Offers” will be announced once qualified investors have had an opportunity to review the offering and tour the property.