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235 Bear Hill Rd

19,505 SF 75% Leased Office Building Waltham, MA 02451 $6,500,000 ($333/SF)

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
$6,500,000
Price Per SF
$333
Percent Leased
75%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,876 SF
Slab To Slab
11’
Building FAR
0.43
Land Acres
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

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 4th Floor
  • 250-4,943 SF
  • Office
  • Full Build-Out
  • Now

Flexibility - can lease private offices separately based on need!

Space Size Space Use Condition Available
4th Floor 250-4,943 SF Office Full Build-Out Now

4th Floor

Size
250-4,943 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size 250-4,943 SF
Space Use Office
Condition Full Build-Out
Available Now

Flexibility - can lease private offices separately based on need!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WALT-000048-000002-000003
Land Assessment
$1,880,000
Improvements Assessment
$2,062,500
Total Assessment
$3,942,500
  • Listing ID: 32781259

  • Date on Market: 8/13/2024

  • Last Updated:

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

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