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231 Lexington Street, Waltham MA 02452

Waltham, MA 02452
$2,495,000
$2,295,000
Est. $13,106/month
4,439
Sq Ft
$517
Price/Sq Ft
0.59
Acres
1946
Year Built
114
Days on Market
Pending Price Drop -$200,000 Listed Mar 6, 2026 • MLS# 73483474 Copied! • Updated Jun 30, 2026

About this home

Prime, convenient, heavily trafficked Lexington Street location. High visibility, convenience and accessibility for your business or potential investment possibilities. Property has always been family owned and operated and well maintained. Property affords a loading dock and ample parking. Currently the property consists of 6-7 offices, 5 bathrooms and 2500(+-) square feet of manufacturing/warehouse space. Newer roof and updated forced hot air gas heat. This building is a rare find and unique opportunity for a business in Waltham.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
8%
Price Range

Property Timeline

📋
Status: Active under contract
Jun 16, 2026
Active → Active Under Contract
Pending Sale
Jun 14, 2026
Offer accepted, sale pending
Price Reduced
Apr 14, 2026
$2,295,000 $200,000 (-8.02%)
From $2,495,000 to $2,295,000 (-8.0%)
🏠
Listed for Sale
Mar 6, 2026
$2,495,000
Original listing
Agent: Glenna Gelineau Office: Gelineau & Associates, R.E.

Tax History

Year Taxes Assessment
2026 $15,618

Financial Details

Annual Property Tax
$15,618
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1946
Living Area 4,439 sq ft
Lot Size 0.59 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Private Water

Financial

Annual Tax $15,618
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Commercial Sale
Year Built
1946
Living Area
4,439 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1946
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Waltham School District local
B+
School Safety 2024-25
2.3% Average
2.2% Suspensions 1.4% In-School 0.1% Emergency
3.2% below state avg
E

Elementary Schools

10 schools
Milestones Day School
1.2 mi
Grades 02-12
The Lumen Academy
1.2 mi
Grades PK-08
Our Lady's Academy
1.7 mi
Grades PK-08
B+
Thomas R Plympton Elementary School
0.3 mi | #303 of 824 | Score: 50.8
Improved 344 spots from last year
-7.4 below state avg
357 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Dual Language School
0.8 mi | #433 of 824 | Score: 46.6
Dropped 101 spots from last year
-11.6 below state avg
222 students Moderate
Grades K-05
B
Henry Whittemore Elementary School
1.4 mi | #357 of 824 | Score: 49.0
Improved 144 spots from last year
-9.2 below state avg
372 students Moderate
Rising School
Grades K-05
B-
William F. Stanley Elementary School
1.4 mi | #420 of 824 | Score: 47.2
Improved 49 spots from last year
-11.1 below state avg
381 students Diverse
Rising School Diverse Student Body
Grades PK-05
B+
James Fitzgerald Elementary School
1.4 mi | #270 of 824 | Score: 51.8
Improved 2 spots from last year
-6.4 below state avg
350 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
B
Northeast Elementary School
1.4 mi | #352 of 824 | Score: 49.1
Improved 255 spots from last year
-9.1 below state avg
527 students Diverse
Rising School Diverse Student Body
Grades PK-05
A-
Douglas MacArthur Elementary School
1.5 mi | #185 of 824 | Score: 55.9
Improved 213 spots from last year
-2.3 below state avg
475 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
A-
John F Kennedy Middle School
0.2 mi | #94 of 352 | Score: 50.3
Improved 34 spots from last year
-7.9 below state avg
635 students Diverse
Rising School Diverse Student Body
Grades 06-08
B
John W. McDevitt Middle School
0.4 mi | #160 of 352 | Score: 43.8
Dropped 17 spots from last year
-14.4 below state avg
618 students Diverse
Grades 06-08
H

High Schools

4 schools
B-
Waltham Senior High School
0.2 mi | #179 of 346 | Score: 53.0
Improved 59 spots from last year
-5.2 below state avg
1,791 students Diverse
21 sports • 1,802 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Chapel Hill Chauncy Hall School
0.3 mi
Grades 09-12
Waltham Valor High School
0.8 mi
49 students Less Diverse
Grades 09-12
Gann Academy-The New Jewish High School
1.4 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,302
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

231 Lexington Street, Waltham MA 02452

Waltham, MA 02452

Listing Information

Listing Agent Glenna Gelineau
Listing Office Gelineau & Associates, R.E.
Office Phone 781-894-4020
Agent MLS ID B9500123
Office MLS ID AN0836
Listing Data Updated Jun 30, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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