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About this home
A prime, mixed use commercial/residential investment opportunity, in the heart of Wayland’s downtown! This beautiful historic Federal Colonial, had several uses through the yrs.The George Smith House was built as a residence & dry goods grocery store & was the first Post Office in town. Recently owned by the same family for 40 yrs. The home features a traditional hip-roof front entry porch & includes #5 & #7 Pelham Island Rd. Currently there is a practice in two units, one with a lobby, office, open spaces & 2 half baths & storage.The other small attached unit has a lobby, an open area and a 1/2 bath. The residential unit (on the 2nd & 3rd level) has 3 bdrms & 1.5 baths. Located at the high visibility intersection of Cochituate & Pelham Island Rd, the property is nestled amongst historic buildings & a short distance to the Wayland Town Center, favorite restaurants & shops. To convert the 1st flr to a 2nd apartment, will need Town Approvals. Also listed as Commercial. Sold “As is"
Sale Statistics
This property sold for 4.5% above the original asking price, indicating strong buyer demand.
With only 25 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
31 Cochituate Rd, Wayland MA 01778
Wayland, MA 01778
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Nov 13, 2024Listed for Sale
Aug 17, 2024Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
11/13/2024 | ✓ Sold | $1,150,000 | - | - | Property sold |
08/17/2024 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |