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Property profile & analytics
OFF-MARKET
Office buildings

345 Trapelo Rd Belmont, MA 02478-1856

2,895 SF 0.11 ac lot
Individually Owned 12-yr Hold Free & Clear
Property ID
US38-2363192
Property summary
AI-generated overview

This exceptional Belmont commercial property, located at 345 Trapelo Road, presents a lucrative investment opportunity. The building boasts a total of 2,895 square feet of open space, featuring high ceilings, hardwood floors, and a modern aesthetic achieved through a 2015 remodel. Upgrades include an acoustic ceiling with built-in sound system, recessed lighting, central air conditioning, and a convenient handicap-accessible elevator/lift. The main level, currently vacant and available for lease, offers an estimated rental income of $6,500 per month on a triple-net (NNN) lease. This space features grand wide stairs leading to the upper unit, two handicap-accessible bathrooms, and ample storage and office space. The lower level is occupied by a long-term tenant (food laboratory) under a semi-net lease, with seven years remaining on their lease. This tenant is responsible for utilities and maintenance, while the owner covers taxes and insurance. The lower level also includes a dedicated storage area, two offices, and two additional bathrooms. The property sits on a 0.11-acre lot in a highly desirable location, just two doors from a Dunkin' Donuts and conveniently close to public transportation. This combination of strong existing tenancy, high rental potential, and prime location makes this a truly exceptional investment opportunity. The asking price is $1,799,999.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 2,895 SF
Lot 0.11 ac (4,712 SF)
Zoning code LB3
APN BELM M:14 P:000065 S:
UPID US38-2363192
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Huan's Tai Chi and Kung Fu - Belmont Sports School
  • Analytical Testing Laboratory Laboratory
  • Little Wagon Early Care & Education Center High School Daycare Center
  • Cambridge Center for Chinese Culture Charitable Organization Social Service Agency
  • Belmont Karate Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
J Zohar Stavropoulos Ret · 12 yrs held
J Zohar Stavropoulos Ret
since 2014
2 recorded transactions
2014
Price N/A
2008
$580,000
Zoning & alternative use
LB3 · Belmont, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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