781-724-3189
, Waltham, MA for Sale
FOR SALE
1/20
null | Request Cap Rate

564 Main St & 19 Music Hall Ave, Waltham
Waltham, MA
Bleachery


HIGHLIGHTS

  • Fully Occupied with Stable Long Term Tenant Base
  • Transit Oriented Location - 6 Minute Walk to Commuter Rail
  • Business C Zoning (BC) Allows for Multi Family
  • Walking Distance to Moody Street's "Restaurant Row"

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Robert FrancisCastleArch Property AdvisorsMore Info
781-724-3189

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Robert FrancisCastleArch Property AdvisorsMore Info
781-724-3189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.