East Watertown Retail

East Watertown

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
10,580
As of: January 17, 2017

East Watertown Rates

The typical asking rate per listing is in the $40's per square foot per year. The East Watertown submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year. That's a 85% rise in rent.

Compared to the rest of the Greater Boston market, the East Watertown region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

East Watertown Listing Supply

In the last 90 days, 13 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 10,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1945 and are Class B.

East Watertown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst East Watertown folk. Commuting close to 10 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 East Watertown.
Market Report

Market Data

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

Watertown Town Submarkets