Multi-Unit Retail
117-121 Trapelo Rd Belmont Belmont, MA 02478
117-121 Trapelo Rd Belmont, Belmont, MA, 02478
$1,250,000
For Sale
$1,250,000
Street retail building offers a zoned LB1 investment option with 100% occupancy.
Property Size3,392 SF
Price / SF$368.51
Days on Market47
Property Features for 117-121 Trapelo Rd Belmont
General Information
- Standard status
- Active
- Size
- 3,392 SF
Building Details
- Year Built
- 1920
Listing Agency
(508) 501-1443
Listed by
Alyson Roslonek
(508) 501-1443
Source
Milestonerealtyinc
Added: Jun 4 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 2:07 am
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 Alyson Roslonek
Investment Insights
Based on property information with market context.
Gibson Commercial is offering for sale 117-121 Trapelo Rd, a multi-unit storefront retail building constructed in 1920. The property totals 3,392 square feet and is presented as 100% occupied. It is zoned LB1, supporting retail and street retail uses within the local zoning framework.
The asset is located on Trapelo Rd in Belmont, Massachusetts, and is positioned for street retail visibility. The listing is offered for sale to retail and street retail investors looking for a currently stabilized property.
For buyers seeking a retail asset with existing tenancy, the current 100% occupancy provides an immediate operating baseline. The LB1 zoning and dedicated storefront format make the building suited to investors who want to own a street-facing retail presence in Belmont while underwriting tenant demand and lease terms through due diligence.
The asset is located on Trapelo Rd in Belmont, Massachusetts, and is positioned for street retail visibility. The listing is offered for sale to retail and street retail investors looking for a currently stabilized property.
For buyers seeking a retail asset with existing tenancy, the current 100% occupancy provides an immediate operating baseline. The LB1 zoning and dedicated storefront format make the building suited to investors who want to own a street-facing retail presence in Belmont while underwriting tenant demand and lease terms through due diligence.
Key Highlights
- 3,392 SF street retail building at 117–121 Trapelo Rd in Belmont, MA
- Built in 1920
- Zoned LB1
Local 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 | $69.6k | $20.53 |
| − OpEx | −$20.9k | −$6.16 |
| NOI | $48.8k | $14.37 |
3,392 SF · lease $21.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$696.5K
$609.4K – $812.6K
NOI $48,753 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,564 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
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 - Street retail building offers a zoned LB1 investment option with 100% occupancy.
Where is this storefront property located?
The property is located at 117-121 Trapelo Rd Belmont 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: 3,392 SF street retail building at 117–121 Trapelo Rd in Belmont, MA; Built in 1920; Zoned LB1
