Retail Building with Streetfront
For Sale
Contact for pricing
117-121 Trapelo Rd, Belmont, MA 02478
1920-built retail building is zoned LB1 and fully occupied with long-term tenants.
Property Size3,393 SF
Price / SF$368.41
Days on Market712
Property Features for 117-121 Trapelo Rd
General Information
Standard status
Active
Size
3,393 SF
Property subtype
RETAIL
Zoning
LB1
Occupancy
100%
Building Details
Year Built
1920
Listing Agency:
Advisors Commercial
Listed By:
Albert Bouchie · License #9522540
(617) 908-6775
Source:
Moodyscre
Added: Nov 12, 2024
Changed: Oct 17
Last Checked: Oct 24 at 7:53PM
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 Advisors Commercial
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Investment Insights
Based on property information with market context.
Advisors Commercial is offering for sale a retail building at 117-121 Trapelo Rd in Belmont, MA. Constructed in 1920, the property totals 3,225 SF and is described as 100% occupied. The building is zoned LB1.
The property is located in the Cushing Square section of Belmont and is described as being across from the new Bradford Development in Cushing Village. It abuts multiple retail and restaurant establishments and is said to benefit from ample street parking and extended parking associated with the Bradford Development.
The space is fully occupied with long-term tenants under existing leases that include options to renew.
The property is located in the Cushing Square section of Belmont and is described as being across from the new Bradford Development in Cushing Village. It abuts multiple retail and restaurant establishments and is said to benefit from ample street parking and extended parking associated with the Bradford Development.
The space is fully occupied with long-term tenants under existing leases that include options to renew.
Key Highlights
- 117‑121 Thapelo Rd, Belmont, MA: 3,225 SF retail building built in 1920
- Zoned LB1
- 100% occupancy with long‑term tenants; leases include options to renew
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,767
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,340
$975.3K
Cap Rate 7%
$696,671
$696.7K
Cap Rate 9%
$541,856
$541.9K
Market Conditions
NOI Build-Up for 3,393 SF
Gross rent
$74.5K $21.96/SF
− Vacancy
−$4.8K −$1.43/SF
EGI
$69.7K $20.53/SF
− OpEx
−$20.9K −$6.16/SF
NOI
$48.8K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,340
Cap Rate 7%
$696,671
Cap Rate 9%
$541,856
Alternative Uses
Best Use
Retail
$696.7K
$609.6K – $812.8K
NOI $48,767 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,605 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 25%
Beauty & Spa 2%
Starbucks
Dining
9,892 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,292 visits/mo
0.5 miles
The UPS Store
Shops & Services
3,227 visits/mo
0.1 miles
Cambridge Trust
Shops & Services
1,685 visits/mo
0.5 miles
M&T Bank
Shops & Services
1,487 visits/mo
0.3 miles
Demographics for 02478, MA
27,286
Population
10,811
Households
2.5
Avg Household Size
42
Median Age
80%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
5,932
Density / Sq Mi
$177,790
Median Household Income
$95,206
Median Earnings
$2,382
Median Rent
$1,108,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Bloomfor — 120 Trapelo Rd, Belmont, MA 02478
- Bloomfor flower delivery — 120 Trapelo Rd, Belmont, MA 02478
- Paradise Flowers — 454 Common St, Belmont, MA 02478
- Jayne's Flowers - Belmont — 377 Trapelo Rd, Belmont, MA 02478
Frequently Asked Questions
What type of property is this?
Storefront property - 1920-built retail building is zoned LB1 and fully occupied with long-term tenants.
Where is this storefront property located?
The property is located at 117-121 Trapelo Rd Belmont, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 117‑121 Thapelo Rd, Belmont, MA: 3,225 SF retail building built in 1920; Zoned LB1; 100% occupancy with long‑term tenants; leases include options to renew
