Current Commercial Real Estate Listings in Waltham, MA
The Benefits of Leasing/Owning Commercial Property in Waltham
Listed as one of the best places to live in the state by Boston Magazine, it’s no surprise that there are a variety of benefits to leasing/owning commercial property in Waltham, MA. The metropolis has a mix of fine dining with a funky, modern feel, and despite it’s location near Boston, it’s an incredibly affordable market.
Local property owners experience urban life without all the inconveniences of a big city. The intersection of Main and Moody is within walking distance of the commuter rail, serving two stops: Brandeis/Roberts and Waltham. “Restaurant Row,” a street packed with a lively community, is another great opportunity for someone looking to lease or own commercial property in Waltham.
Waltham is beneficial for business owners geographically speaking as well. Approximately 11 miles from downtown Boston, it is located in Middlesex County and has a population of 60,000 people. The metropolis sits in the middle of 3 major intersecting roadways: I-95, I-90, and Rte. 2, so it is easily accessible from all sides. An MBTA bus line runs through the city with 8 separate routes.
The Charles River intersects Waltham and welcomes over 8,000 visitors annually to the Charles River Museum of Industry and Innovation. The tourism in the city is good news for potential business owners. It’s also home to Bentley and Brandeis University, which means it is teeming with college life.
The median-household income is $54,010 and the average cost of a home is $500,000. Waltham is by far an incredibly lucrative area for someone to lease or own a commercial property. It has a sound infrastructure, moderately wealthy community, and a variety of business opportunities. Waltham’s combination of parks, trails, schools, stores, and restaurants, make it one of the leading locations in Massachusetts to own/lease commercial property.