231 Lexington Street, Waltham MA 02452

Waltham, MA 02452
$2,495,000
$1,950,000
Est. $11,362/month
4,439
Sq Ft
$439
Price/Sq Ft
0.59
Acres
1946
Year Built
182
Days on Market
For Sale Price Drop -$545,000 Listed Mar 6, 2026 • MLS# 73483474 Copied! • Updated Sep 1, 2026

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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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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
21.8%
Price Range

Property Timeline

Price Reduced
Sep 1, 2026
$1,950,000 $245,000 (-11.16%)
From $2,195,000 to $1,950,000 (-11.2%)
Price Reduced
Aug 20, 2026
$2,195,000 $100,000 (-4.36%)
From $2,295,000 to $2,195,000 (-4.4%)
Back On Market
Aug 19, 2026
Active
📋
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
For Sale
Year Built
1946
Living Area
4,439 sq ft

Floor Layout

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

3 schools
B+
Thomas R Plympton Elementary School
0.3 mi | #305 of 825 | Score: 50.7
Improved 342 spots from last year
-7.5 below state avg
335 students Diverse
Rising School Diverse Student Body
Grades K-05
B
Dual Language School
0.8 mi | #410 of 825 | Score: 47.5
Dropped 78 spots from last year
-10.7 below state avg
219 students Moderate
Strong Attendance
Grades K-05
Milestones Day School
1.2 mi
Grades 02-12
M

Middle Schools

3 schools
A-
John F Kennedy Middle School
0.2 mi | #95 of 352 | Score: 50.3
Improved 33 spots from last year
-8 below state avg
645 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
604 students Diverse
Grades 06-08
A+
F.A. Day Middle School
2.2 mi | #13 of 352 | Score: 63.2
Improved 38 spots from last year
+5 above state avg
830 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
B-
Waltham Senior High School
0.2 mi | #181 of 346 | Score: 53.6
Improved 57 spots from last year
-4.6 below state avg
1,784 students Diverse
21 sports • 1,802 athletes
Strong AP Program Early College Program Rising School Career Tech Programs
Grades 09-12
Chapel Hill Chauncy Hall School
0.3 mi
Grades 09-12
Waltham Valor High School
0.8 mi
47 students Less Diverse
Grades 09-12
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Monthly Payment Calculator

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

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Current Rate
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+0.5% Rate
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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 Sep 1, 2026 6:01 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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Steve Novak Real Estate
Steve Novak Real Estate
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