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Belmont Mixed-Use Investment Opportunity

113 Belmont, Belmont, MA 02478

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For Sale

$995,000

Versatile 1,840 SF building in Belmont, MA with mixed-use potential.

Type:Commercial

Property size:

1,840 SF

Price / SF:

$540/SF

HighLights

Prime investment opportunity in the heart of Belmont, MA.
Zoned LB3, offering flexibility for office or medical use.
Mandatory Mixed‑Use Subdistrict 4 (MXDZ4) allows for potential mixed‑use repositioning.
1,840 SF building with 8 versatile units.
Occupancy potential for user owner for further growth.
Potential for value enhancement through development.

We can help!

Listing Contact

Albert Bouchie

Learn more

For Sale

$995,000

Versatile 1,840 SF building in Belmont, MA with mixed-use potential.

Type:Commercial

Property size:

1,840 SF

Price / SF:

$540/SF

Added:: Apr 25, 2026
Days on Market:: 48
Last Refresh:: Apr 25 at 6:18 am

Property Features for 113 Belmont

General Information

Standard status: Active
Size: 1,840 SF
Property subtype: Commercial

Building Details

Year Built: 1970

We can help!

Listing Contact

Albert Bouchie

Listing agent Albert Bouchie License #9522540

Listing office Gibson Sotheby's International Realty

Listing date Apr 25, 2026

Source Liongatere

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 Gibson Sotheby's International Realty

HighLights

Prime investment opportunity in the heart of Belmont, MA.
Zoned LB3, offering flexibility for office or medical use.
Mandatory Mixed‑Use Subdistrict 4 (MXDZ4) allows for potential mixed‑use repositioning.
1,840 SF building with 8 versatile units.
Occupancy potential for user owner for further growth.
Potential for value enhancement through development.

Overview

Located in Belmont, MA, this 1,840 square foot building offers an investment opportunity. Constructed in 1970, the property includes 8 units. It is zoned LB3, offering flexibility for various usage options, including office or medical investment. The Mandatory Mixed-Use – Subdistrict 4 (MXDZ4) zoning also allows for a potential mixed-use repositioning, with commercial use on the first floor and residential units on the upper floors. The property has occupancy potential for an owner-user seeking further growth and value enhancement through development. This well-positioned property is suited to satisfy market demand for commercial space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$99.8k	$54.24
− Vacancy	−$22.0k	−$11.93
EGI	$77.8k	$42.31
− OpEx	−$19.5k	−$10.58
NOI	$58.4k	$31.73

1,840 SF · lease $54.24/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$834.1K

$729.8K – $973.1K (±1% cap)

NOI $58,384 @ 7.0% cap · market cap 5.87%

Second Best

Healthcare Medical

$763.0K

$667.6K – $890.2K (±1% cap)

NOI $53,410 @ 7.0% cap · market cap 5.37%

Theoretical Best

Office A

$1.09M

$953.1K – $1.27M (±1% cap)

NOI $76,249 @ 7.0% cap · market cap 7.66%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Alexander L O'hanley ... Physician Levin Robert M ... Physician Robert G. Coutu, ... Physician Coutu Carol Physician Nichols John A Physician

Suggested Use

Location Insight

Map
Local Demand

City: Belmont
County: Middlesex
State: Massachusetts
Longitude: -71.1545956
Latitude: 42.3753674

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For sale
Mixed-use properties
MA
Belmont
02478
113 Belmont

What type of property is this?

Mixed-use property - Versatile 1,840 SF building in Belmont, MA with mixed-use potential.

Where is this mixed-use property located?

The property is located at 113 Belmont Belmont, MA.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Prime investment opportunity in the heart of Belmont, MA.; Zoned LB3, offering flexibility for office or medical use.; Mandatory Mixed‑Use Subdistrict 4 (MXDZ4) allows for potential mixed‑use repositioning.