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235 Bear Hill Rd 19,505 SF 100% Leased Office Building Waltham, MA 02451 $9,073,480 CAD ($465.19 CAD/SF)

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EXECUTIVE SUMMARY

Avison Young is pleased to offer for sale 235 Bear Hill Road in Waltham, MA. The four story, 19,505 square foot office building, is located along desirable Bear Hill Road and offers direct visibility and convenient access from Interstate 95 (I-95). 235 Bear Hill Road was originally constructed in 1963 and was extensively renovated and modernized in 2021-2022 by the current owner following their acquisition of the property. Notable improvements have included a new elevator, rubber membrane roof, full sprinkler system, a chill beam heating & cooling system, and substantial interior fit-out renovations. The building offers tenants prominent signage opportunities, flexible floor plans and tremendous window lines that provide substantial natural light, with each floor having direct access to one of the property’s three parking lots.

With the existing owner occupying a full floor, and two floors leased to external tenants, 235 Bear Hill Road is an attractive opportunity for both investors and owners-users.

FOR MORE INFORMATION, INCLUDING FINANCIAL INFORMATION & THE RENT-ROLL, PLEASE CONTACT A MEMBER OF THE AVISON YOUNG SALES TEAM.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
19,505 SF
Building Class
B
Year Built/Renovated
1963/2020
Price
$9,073,480 CAD
Price Per SF
$465.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,876 SF
Slab To Slab
11’
Building FAR
0.43
Lot Size
1.04 AC
Zoning
GC - Office Building
Parking
85 Spaces (4.36 Spaces per 1,000 SF Leased)

AMENITIES

  • Fitness Center
  • Signage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WALT-000048-000002-000003
Land Assessment
$2,907,468 CAD
Improvements Assessment
$3,321,858 CAD
Total Assessment
$6,229,325 CAD
  • Listing ID: 32781259

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 235 Bear Hill Rd, Waltham, MA 02451

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