113 Belmont St, Belmont, MA 02478
1,840 SF building with eight office units, suited for leasing or owner-occupied medical or professional uses.
- Added:
- Jun 16, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 4:58 am
Property Features for 113 Belmont St
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- OFFICE
Listing office Advisors Commercial (617) 908-6775
Listing date Jun 16, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Advisors Commercial
HighLights
- 1,840 gross SF building with 8 office units for leasing or owner‑occupied use
- Zoned LB3, offering potential for mixed‑use reposition
- Suited for office or medical/professional investment and leasing
Overview
Located at 113 Belmont St in Belmont, MA 02478, the property benefits from placement in the Belmont area. It is zoned LB3, which offers potential for mixed-use repositioning depending on approvals and allowable uses.
For tenants or buyers, the eight-unit structure can fit a range of office and medical needs, especially for groups that want their own unit rather than shared space. The LB3 zoning also supports consideration of future changes to the property’s use profile, subject to applicable requirements. This is a straightforward option for anyone evaluating a small multi-unit commercial building with office and medical compatibility.
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 | $99.8k | $54.24 |
| − Vacancy | −$22.0k | −$11.93 |
| EGI | $77.8k | $42.31 |
| − OpEx | −$19.5k | −$10.58 |
| NOI | $58.4k | $31.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1545956
- Latitude
- 42.3753674
