Watertown, MA Commercial Real Estate for Lease and Sale

Explore 11 listings of Watertown commercial real estate to find the best space for your business.

85 School Street

85 School Street, Watertown, MA
Property

Office

32,000 SF
Availability

2 Spaces

32,000 SF
Year Built

1960
For Lease Contact for pricing
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200 Dexter Ave

200 Dexter Ave, Watertown, MA
Property

Office

27,842 SF
Availability

2 Spaces

2,240 SF
Year Built

1977
For Lease Contact for pricing
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480 Pleasant Street

480 Pleasant Street, Watertown, MA
Property

Office

201,088 SF
Availability

1 Space

10,675 SF
Year Built

1919
For Lease Contact for pricing
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64 Pleasant Street

64 Pleasant Street, Watertown, MA
Property

Unassigned

104,660 SF
Availability

1 Space

10,000 SF
Year Built

2023
For Lease Contact for pricing
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521 Mount Auburn Street Suite #209

521 Mount Auburn Street Suite #209, Watertown, MA
Property

Office

26,000 SF
Availability

1 Space

782 SF
Year Built

1982
For Lease

$2,950.00/MO
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50 Hunt St

50 Hunt St, Watertown, MA
Property

Office

25,840 SF
Availability

3 Spaces

2,422 SF
Year Built

1890
For Lease Contact for pricing
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23 Elm Street

23 Elm Street, Watertown, MA
Property

Unassigned

74,670 SF
Availability

1 Space

74,670 SF
Year Built

2024
For Lease Contact for pricing
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134 Coolidge Avenue
BioLabs
134 Coolidge Avenue, Watertown, MA
Services

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Concierge

High-speed internet

Kitchen

Lab space

Loading docks

Microscopes

On-site café

Parking

Printer
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148 Waltham Street

148 Waltham Street, Watertown, MA
Property

Unassigned

74,000 SF
Availability

1 Space

74,000 SF
Year Built

2027
For Lease Contact for pricing
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620 Main Street

620 Main St, Watertown, MA
Property

Office

20,266 SF
Availability

1 Space

10,000 SF
Year Built

1940
For Lease

$9.00/SF/YR
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40 Green River Way - Bldg A

40 Green River Way , Watertown, MA
Property

Industrial

72,650 SF
Availability

1 Space

19,067 SF
Year Built

1960
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Watertown commercial real estate market incorporates 312,770 square feet of office space across 6 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Watertown market, there is a total of 72,650 square feet of industrial property.
The listing inventory in Watertown incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Watertown is represented by Office space, which accounts for 48,119 square feet of available listings. Industrial space available in Watertown adds up to 19,067 square feet.

Meanwhile, most of the listings of commercial property for sale in Watertown are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Watertown, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $47.57 per square foot.

Conversely, the highest sale price last year was $7,131,693 that is located at 118 Main Street.
The average size of a commercial property in Watertown depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Watertown, the average size of an office property is 62,554 square feet.
- Industrial space in Watertown is in buildings that are, on average 72,650 square feet in size.

Watertown, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Watertown currently add up to 67,186 square feet. The market offers 5 active office listing(s), which amount to 48,119 square feet and account for 83% of commercial spaces on the market. Industrial space for rent opportunities in Watertown amount to 19,067 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	5	48,119
Industrial	1	19,067

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Watertown, MA Commercial Real Estate for Lease and Sale

85 School Street

200 Dexter Ave

480 Pleasant Street

64 Pleasant Street

521 Mount Auburn Street Suite #209

50 Hunt St

23 Elm Street

134 Coolidge Avenue

148 Waltham Street

620 Main Street

40 Green River Way - Bldg A

Frequently Asked Questions

Watertown, MA Currently Available Listings

Commercial Space for Lease Breakdown

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