Retail Building with Streetfront
117-121 Trapelo Rd Belmont, MA 02478
For Sale
Contact for pricing
1920-built retail building is zoned LB1 and fully occupied with long-term tenants.
Property Size3,393 SF
Price / SF$375.77
Days on Market621
Property Features for 117-121 Trapelo Rd
General Information
- Standard status
- Active
- Size
- 3,393 SF
- Property subtype
- RETAIL
Listing Agency:
Advisors Commercial
(617) 908-6775
Listed By:
Albert Bouchie · License #9522540
(617) 908-6775
Source:
Moodyscre
Added: Nov 12, 2024
Changed: Jul 25
Last Checked: Jul 25 at 9:04PM
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
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 For Retail
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 | $74.5k | $21.96 |
| − Vacancy | −$4.8k | −$1.43 |
| EGI | $69.7k | $20.53 |
| − OpEx | −$20.9k | −$6.16 |
| NOI | $48.8k | $14.37 |
3,393 SF · lease $21.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$696.7K
$609.6K – $812.8K
NOI $48,767 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,605 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Jayne's Flowers - Belmont — 377 Trapelo Rd, Belmont, MA 02478
- Paradise Flowers — 454 Common St, Belmont, MA 02478
- Bloomfor — 120 Trapelo Rd, Belmont, MA 02478
- Bloomfor flower delivery — 120 Trapelo Rd, Belmont, MA 02478
FAQs
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 $1,275,000.
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
