Wellesley, MA Commercial Real Estate for Lease - 24 Listings

LocalWorks Wellesley - Worcester St
LocalWorks
888 Worcester Street 1st Floor & 2nd Floor, Wellesley, MA
Services

Virtual Office

Meeting Room

Private Office

Dedicated Desk
Amenities

High-speed wifi

Kitchen

Parking

TV/Monitor

Window view
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Wayne Office Park

888 Worcester Street, Wellesley, MA
Property

Office

74,786 SF
Availability

4 Spaces

11,149 SF
Year Built

1974
For Lease

$18.00/SF/YR
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110 Cedar Street

110 Cedar Street, Wellesley, MA
Property

Office

30,000 SF
Availability

2 Spaces

5,000 SF
Year Built

1969
For Lease Contact for pricing
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15 & 25 Walnut Street

15 Walnut Street, Wellesley, MA
Property

Office

32,835 SF
Availability

3 Spaces

15,950 SF
Year Built

1964
For Lease

$35.00/SF/YR
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36 Washington Street

36 Washington Street, Wellesley, MA
Property

Office

60,800 SF
Availability

8 Spaces

16,903 SF
Year Built

1969
For Lease Contact for pricing
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David Nassif Office Park - 165-177 Worcester Street

165 Worcester Street, Wellesley, Wellesley Hills, MA
Property

Office

48,141 SF
Availability

3 Spaces

6,030 SF
Year Built

1969
For Lease Contact for pricing
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20 Walnut Street

20 Walnut Street, Wellesley, MA
Property

Office

40,400 SF
Availability

5 Spaces

8,191 SF
Year Built

1969
For Lease Contact for pricing
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David Nassif Office Park - 195 Worcester Street

195 Worcester Street, Wellesley, MA
Property

Office

30,000 SF
Availability

1 Space

1,879 SF
Year Built

1981
For Lease Contact for pricing
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34 & 40 Washington Street

34 Washington Street, Wellesley, MA
Property

Office

69,460 SF
Availability

6 Spaces

14,858 SF
Year Built

1967
For Lease Contact for pricing
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40 Grove Street

40 Grove Street, Wellesley, MA
Property

Office

51,000 SF
Availability

1 Space

363 SF
Year Built

1970
For Lease Contact for pricing
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570-574 Washington St

570-574 Washington St, Wellesley, MA
Property

Office

19,730 SF
Availability

2 Spaces

749 SF
For Lease Contact for pricing
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37 Walnut Street

37 Walnut Street, Wellesley, MA
Property

Office

6,268 SF
Availability

4 Spaces

6,268 SF
For Lease Contact for pricing
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564-568 Washington Street

564-568 Washington Street, Wellesley, MA
Property

Office

18,000 SF
Availability

2 Spaces

512 SF
Year Built

1882
For Lease

$38.68 - $45.33/SF/YR
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16 Prescott St

16 Prescott St, Wellesley, Wellesley Hills, MA
Property

Office

4,700 SF
Availability

2 Spaces

1,500 SF
For Lease Contact for pricing
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10 Prescott Street

10 Prescott Street, Wellesley, MA
Property

Industrial

10,000 SF
Availability

1 Space

8,734 SF
For Lease Contact for pricing
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900 Worcester Street

900 Worcester Street, Wellesley, MA
Property

Office

130,000 SF
Availability

1 Space

2,500 SF
Year Built

2018
For Lease Contact for pricing
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47 River Street

47 River St, Wellesley, MA
Property

Office

1,906 SF
Availability

1 Space

1,906 SF
For Lease Contact for pricing
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51 River Street

51 River Street, Wellesley, MA
Property

Office

250 SF
Availability

1 Space

250 SF
For Lease Contact for pricing
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277 Linden St

277 Linden St, Wellesley, MA
Property

Office

800 SF
Availability

1 Space

800 SF
For Lease Contact for pricing
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66 Central Street

66 Central Street, Wellesley, MA
Property

Office

12,176 SF
Availability

1 Space

1,242 SF
Year Built

1921
For Lease Contact for pricing
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70 Hastings St

70 Hastings St, Wellesley, Wellesley Hills, MA
Property

Office

28,390 SF
Availability

2 Spaces

12,539 SF
For Lease Contact for pricing
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103 Central St

103 Central St, Wellesley, MA
Property

Office

9,308 SF
Availability

1 Space

2,103 SF
For Lease Contact for pricing
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40 Washington Street

40 Washington Street, Wellesley, Westborough, MA
Property

Industrial

59,791 SF
Availability

3 Spaces

47,096 SF
Year Built

1930
For Lease Contact for pricing
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42 Washington Street

42 Washington Street, Wellesley, MA
Property

Office

2,500 SF
Availability

1 Space

2,500 SF
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 Wellesley commercial real estate market incorporates 671,450 square feet of office space across 21 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 Wellesley market, there is a total of 69,791 square feet of industrial property.

The listing inventory in Wellesley 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 Wellesley is represented by Office space, which accounts for 113,192 square feet of available listings. Industrial space available in Wellesley adds up to 55,830 square feet.

Meanwhile, most of the listings of commercial property for sale in Wellesley 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 Wellesley, 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 $38.68 per square foot.

Conversely, the highest sale price last year was $15,000,000 that is located at 40 Grove Street.

The average size of a commercial property in Wellesley 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 Wellesley, the average size of an office property is 31,974 square feet.
Industrial space in Wellesley is in buildings that are, on average 34,896 square feet in size.

Wellesley, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wellesley currently add up to 169,022 square feet. The market offers 21 active office listing(s), which amount to 113,192 square feet and account for 91% of commercial spaces on the market. Industrial space for rent opportunities in Wellesley amount to 55,830 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	21	113,192
Industrial	2	55,830

Wellesley, MA Commercial Real Estate for Lease - 24 Listings

LocalWorks Wellesley - Worcester St

Wayne Office Park

110 Cedar Street

15 & 25 Walnut Street

36 Washington Street

David Nassif Office Park - 165-177 Worcester Street

20 Walnut Street

David Nassif Office Park - 195 Worcester Street

34 & 40 Washington Street

40 Grove Street

570-574 Washington St

37 Walnut Street

564-568 Washington Street

16 Prescott St

10 Prescott Street

900 Worcester Street

47 River Street

51 River Street

277 Linden St

66 Central Street

70 Hastings St

103 Central St

40 Washington Street

42 Washington Street

Frequently Asked Questions

Wellesley, MA Currently Available Listings

Commercial Space for Lease Breakdown

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Wellesley, MA Commercial Real Estate for Lease - 24 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Wellesley, MA?

What factors affect the price of commercial real estate in Wellesley, MA?

What are the best areas for commercial real estate in Wellesley, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Wellesley, MA?

Wellesley, MA Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us