Downtown Watertown Retail

Downtown Watertown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
3,580
As of: December 9, 2016

Downtown Watertown Rates

Most listings are in the $40's per square foot per year. The Downtown Watertown submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $47 per sqft per year.

Compared to the rest of the Greater Boston market, the Downtown Watertown submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Watertown Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 1959 and are Class B.

Downtown Watertown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Watertown residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Watertown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Watertown.
Research

Watertown Town Submarkets