Waltham, MA
Commercial Real Estate Market Trends & Data

$383 Avg asking sale price
$25 Avg asking lease rate
12,243 SF Avg unit lease size
13,671 SF Avg building size for sale
7.23% Average cap rate

Waltham's Demographic Profile

Waltham has 24,691 households and a median income of $107,957, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 61,931
# Households 24,691
Median age 38
Median household income $107,957
Avg household size 2.0
Renter-occupied housing units 13,299
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Waltham, MA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Waltham $409 15,712 SF 7.23%
Newtonville $388 14,507 SF 7.23%
Nearby Retail Markets Avg Cost/SF Typical Size
Waltham $401 4,874 SF
West Newton $1,471 2,442 SF
Belmont $368 3,393 SF
Newtonville $936 1,490 SF
Watertown $572 3,897 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Watertown $507 14,221 SF 5.02%
Newton $519 5,425 SF 5.02%
Brighton $539 20,668 SF 5.33%
Allston $1,075 18,612 SF 5.33%

Commercial Properties For Sale in Waltham

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

649 Main St

Waltham, MA 02452

  • 3,871 SF Retail Building
  • $1,150,000
For Sale

308 Newton St

Waltham, MA 02453

  • 6,004 SF Multifamily
  • $2,599,999
For Sale

20 Clematis Ave

Waltham, MA 02453

  • 11,144 SF Flex Building
  • $2,495,000
For Sale

Banknorth

Waltham, MA 02451

  • 8,000 SF Retail Building
  • $3,795,000
For Sale

28 Summer Ave Condos

Waltham, MA

  • Industrial Building
  • $1,649,000
For Sale

450 Lexington St

Auburndale, MA 02466

  • 21,350 SF Office Building
  • $729,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Waltham pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Waltham $383 13,671 SF
West Newton $577 10,214 SF
Belmont $486 13,229 SF
Auburndale $321 14,294 SF
Newtonville $718 9,267 SF

Regional Demographic Comparison

This comparison places Waltham alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Waltham or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Waltham 61,931 24,691 38 $107,957 2 13,299 -1%
West Newton 11,935 4,271 43 $175,578 3 1,188 -2%
Belmont 26,134 9,764 43 $162,307 3 3,722 -2%
Auburndale 8,510 2,924 37 $168,333 3 1,189 -2%
Newtonville 23,878 9,092 41 $150,134 2 3,722 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Waltham, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Waltham

View All Commercial Real Estate For Sale in Waltham
Is Waltham a good market for a first-time commercial real estate investor?

Waltham offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Waltham?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Waltham. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Waltham?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Waltham. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Waltham compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Waltham. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Waltham acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Waltham, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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