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Two-Level Flex Condominium
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1-586 Pleasant St, Watertown, MA 02472

Well-maintained commercial condo with a garage on the first level and an office suite above.

Property Size3,529 SF
Price / SF$1.05
Days on Market167

Property Features for 1-586 Pleasant St

General Information

Standard status Active
Size 3,529 SF
Total Parking Spaces 4

Additional Details

Heavy Power Yes
Office Units 2

Taxes and HOA fees

Annual Taxes $19,123

Building Details

Stories 2
Listing Agency: Elevated Realty, LLC
Listed By: Dimitri Petrosian · License #MA:9569224
Source: Exprealty
Added: Apr 2 Changed: Sep 5 Last Checked: Sep 15 at 1:09PM

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

Investment Insights

Based on property information with market context.

This well-maintained commercial condominium offers a flexible, two-level layout totaling 3,529 SF. The first floor features a 1,722 SF garage with 400-amp electrical service, designed to support a variety of commercial, trade, or light industrial uses. The second level is an 1,807 SF office space with two bathrooms, a kitchenette, and a shower, creating a practical live-work or office-plus-work arrangement for many operators.

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.

Key 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.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Accounting Firm Pharmacy Grocery & Convenience Store Nursing Home Clothing & Fashion Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

2,003
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Elisa's Catering 223 Adams St, Newton, MA 02458
  • The Kiddush Specialist 223 Adams St, Newton, MA 02458
  • Culinary Inspirations Watertown, MA 02472

Frequently Asked Questions

What type of property is this?
Flex space - Well-maintained commercial condo with a garage on the first level and an office suite above.
Where is this flex space located?
The property is located at 1-586 Pleasant St Watertown, MA.
What are key features of this property?
This property features: 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.
More about this property
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