16 Laurel Avenue

Off Market

16 Laurel Avenue, Wellesley, MA 02481

  • Office
  • General Office
  • 36,555 Sqft

16 Laurel Avenue, Wellesley, MA 02481 - Office Space

16 Laurel Avenue is located at 16 Laurel Avenue in the Wellesley neighborhood, MA, Wellesley, 02481. The Class B Office building was completed in 1919 and features a total of 36,555 Sqft.

There are 62 office spaces for lease in the Wellesley neighborhood, totaling 257,972 Sqft of available office space. The office space availability for the 02481 zip code is 224,117 Sqft, in 50 office spaces. The average asking office rent per sq. ft. in Wellesley is $31.92/sqft/year. For Class B office buildings the average office rate is $31.92/sqft/year.

In Wellesley, there are 24 class B office buildings. At zip code level, there are 15 commercial properties, of which 14 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • City Wellesley
  • Neighborhood Wellesley
  • Zip Code 02481
  • Market Boston
  • Property Type Office - General Office
  • Property Size 36,555 Sqft
  • Lot Size 1.63 Acre
  • Parking Spaces Avail. 87
  • Parking Ratio 2.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1919
  • Date Updated 14 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 16 Laurel Avenue?

16 Laurel Avenue totals 36,555 square feet.

When was this property built?

16 Laurel Avenue was built in 1919.

Wellesley Demographics

The average household income in zip code 02481 is $327,360, from a total of 4,552 households. In terms of employment, there are 97.74 % white-collar and 2.26 % blue-collar jobs in zip code 02481.

Population

  • Total Population28,747
  • Male Population(43.3 %) 12,445
  • Female Population(56.7 %) 16,302
  • Median Age35.60

Income/Financial

  • Average Household Income$287,796
  • Median Household Income$197,132
  • Median Income Under 25$128,864
  • Median Income 25-44$250,001
  • Median Income 45-64$250,001
  • Median Income Over 65$110,257