• 380-386 Moody Street , South Waltham, MA 02453

For Sale

Retail

For Sale

This property is available for sale
6,881
SF
$2,850,000
Sale Price
  • Year Built
    1885
  • Overview

    Welcome to the heart of desirable Moody Street and Waltham's Restaurant Row. This property is surrounded by some of the area's best retail and restaurants, with this space having some of the best visibility and signage on the street. Employees and customers take delight in the area's ample parking and easy availability of public transportation. Besides Waltham's universities, Moody Street is also located just minutes away from several major development sites including the 260-unit "The Merc" residential and retail building and the 150-unit "The Watch Factory," which also contains 170,000 square feet of high-end office space. It is easy to see why Solea Restaurant and Tapas has been so successful. These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress. The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in 2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings. Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also include 6 off-street parking spaces located at the rear of the building.

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Property Details

380 and 386-390 Moody Street - 2 Retail Condos

Welcome to the heart of desirable Moody Street and Waltham's Restaurant Row. This property is surrounded by some of the area's best retail and restaurants, with this space having some of the best visibility and signage on the street. Employees and customers take delight in the area's ample parking and easy availability of public transportation. Besides Waltham's universities, Moody Street is also located just minutes away from several major development sites including the 260-unit "The Merc" residential and retail building and the 150-unit "The Watch Factory," which also contains 170,000 square feet of high-end office space. It is easy to see why Solea Restaurant and Tapas has been so successful. These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress. The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in 2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings. Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also include 6 off-street parking spaces located at the rear of the building.

  • Property Type
    Retail
  • Submarket
  • Year Built
    1885
  • Sale Price
    $2,850,000
  • Total Building Size
    6,881RSF
  • Sale Status
    Available
  • Last updated
    Feb 28, 2018
  • Property ID
    2008191

Landlord's Sales Representative

  • Todd Glaskin
    Coldwell Banker Residential Brokerage
     
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