1-586 Pleasant St, Watertown, MA 02472
Well-maintained commercial condo with a garage on the first level and an office suite above.
- Added:
- Apr 2, 2026
- Days on Market:
- 76
- Last Refresh:
- Jun 16 at 1:57 am
Property Features for 1-586 Pleasant St
General Information
- Standard status
- Active
- Size
- 3,529 SF
Listing agent Dimitri Petrosian (617) 438-6682
Listing office Elevated Realty, LLC (617) 438-6682
Listing date Apr 2, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Elevated Realty, LLC
HighLights
- Well‑maintained 3,529 SF commercial condominium with a flexible two‑level layout.
- First‑floor 1,722 SF garage with 400‑amp electrical service for commercial, trade, or light industrial uses.
- Second‑floor 1,807 SF office suite with two bathrooms, kitchenette, and a shower.
- Includes four deeded parking spaces, with additional parking available for rent.
Overview
The unit includes four deeded parking spaces, with additional parking available for rent. As part of a condominium structure, the configuration can suit owner-users who want both operating space and dedicated office accommodations in one ownership.
For buyers seeking functionality in a single asset, this property provides a clear separation between work and office areas, supported by substantial electrical service on the garage level. The second-floor office improvements, including two bathrooms and a kitchenette, support everyday operational needs without requiring off-site facilities. With its two-level flex design and controlled parking, it can be a workable fit for owner-users or investors evaluating a property that can serve multiple operational workflows within the same condominium unit.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $191.4k | $54.24 |
| − Vacancy | −$42.1k | −$11.93 |
| EGI | $149.3k | $42.31 |
| − OpEx | −$37.3k | −$10.58 |
| NOI | $112.0k | $31.73 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Culinary Inspirations — Watertown, MA 02472
- Elisa's Catering — 223 Adams St, Newton, MA 02458
- The Kiddush Specialist — 223 Adams St, Newton, MA 02458
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.18534
- Latitude
- 42.365857
