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Banknorth 305 Second Ave 8,000 SF Vacant Retail Building Waltham, MA 02451 $5,442,039 CAD ($680.25 CAD/SF)

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Investment Highlights

Rare Standalone Building. Prime Re-Development
Easy access to Rt 128, Route 2 and RT 20 Main Street

Corner Location1 High Visibility and Traffic Count

Executive Summary

*FOR SALE OR LEASE* RARE STANDALONE RETAIL/OFFICE/FLEX BUILDING. The wide-open layout and 65 CAR PARKING this location can accommodate a wide range of Industrial. Medical. Retail and Service use. Prime 8,000 sq ft building with high visibility and traffic count on the corner of 2nd Avenue and Bear Hill Road. Located within Waltham's established commercial and Lab corridor. The site offers excellent access to 1-95/Route128. Route 2 and route 20, along with close proximity to Main Street. Nearby tenants include Costco, Genzyme Coro, Mass General West. Town Fair Tire, Pizzeria Uno and Forum Pharmaceuticals. The location is also prime for redevelopment.
THE BUILDING IS ALSO AVAILABLE FOR LEASE!!

Property Facts

Sale Type

Investment or Owner User

Sale Conditions

1031 Exchange

Property Type

Retail

Property Subtype

Bank

Building Size

8,000 SF

Building Class

Year Built/Renovated

1960/2000

Price

$5,442,039 CAD

Price Per SF

$680.25 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.24

Lot Size

0.78 AC

Zoning

B - Business

Parking

32 Spaces (4 Spaces per 1,000 SF Leased)

Frontage

310’ on 2nd Ave

Drive Thru

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
8,000 SF
Retail
-
Now

LOCATION, LOCATION APPROVED FOR CANNABIS DISPENSARY.Prime 8,000 sq ft freestanding building on the corner of 2nd Avenue and Bear Hill Road.. High visibility and traffic count makes this location. Ideal for Day Care, Food establishment, Medical. Near by neighbor include Town Fair Tire, Mass General West, Costco, Pizzeria Uno, Genzyme Corp.