Listed by Commonwealth Commercial Advisors, Inc.
$5,350,000
77 Rumford Ave
Details
Property Type Office
Sub Type Executive Office
Square Footage 24,500
Tenancy Multi
Year Built 1890
Year Renovated 2020
Stories 2
Lot Size (SqFt) 38,355
Zoning Commercial within Riverfront Overlay District
Parking Spaces 62 spaces
Parking per 1,000 SqFt 2.53
Investment Type Owner/User
Office | 24,500 SqFt
Marketing description
Commonwealth Commercial Advisors is pleased to present for sale a multi-tenanted office building in
Waltham. This is an ideal opportunity for investors or an owner-user to acquire a hard to find asset
with a strong rental history and value-add potential. The property is well located in the inner suburbs of
Boston and provides easy access to major highways, retail & restaurant destinations and public
transportation.
Investment highlights
- Building Size: 24,500 SF +/- on two floors
- Tenants: Five Total
- Year Built: 1890 , converted to offices in 1980, renovations in 2000, 2010 & 2020
- Total Land: 38,355 SF (24,111 SF @ 77 Rumford & 14,244 SF @ 37BEF Buttrick)
- Construction: Steel with Brick Veneer
- Roof: Rubber Membrane
- HVAC: 9 rooftop units installed 2006 – gas heat and central AC
- Parking: 62 total spaces not including private side driveway (leased to Rogaris Law)
- Fire Protection: Sprinkler System with Fire Alarm control panel – Central Station Monitoring with Master Box to City
- Handicapped Lift: LULA Lift to all Floors
- Water/Sewer: City of Waltham
- Zoning Commercial within Riverfront Overlay District
- Current Use: Office
- Public Transportation: MBTA 558 Route stops at Building with connections to MBTA Greenline (Riverside) & Commuter Rail (downtown Waltham)
- Recent Renovations:4 new common bathrooms in 2020 New Fire Alarm Control Panel in 2019, New Security & Swipe Card System in 2021, Sprinkler Heads Replaced in 2015, Common Areas Recarpeted/Repainted in 2025
- Price Please call for Pricing Info – Income & Expense Statements to be provided with Signed Confidentiality Agreement
Listing Contacts
Listed by Commonwealth Commercial Advisors, Inc.
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