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Belmont Center Retail Opportunity
For Lease
$55 SF/Yr

60 Leonard St #B, Belmont, MA 02478

Prime retail spaces available in revitalized Belmont Center building.

Space SizeContact for details
Days on Market471

Property Features for 60 Leonard St #B

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $99,999,999

Building Details

Year Built 1950
Listing Agency: Land and Sea Real Estate, Inc.
Listed By: Land and Sea Real Estate
Source: Corcoran
Added: May 17, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Land and Sea Real Estate, Inc.

Investment Insights

Based on property information with market context.

Located in the heart of Belmont Center, 60 Leonard Street offers a retail opportunity in a walkable and high-traffic district. The 6,618 SF building, formerly a CVS, is being revitalized with a new anchor dental office and two prime storefront retail spaces available for lease. The property offers visibility, strong neighborhood demographics, and a community-driven retail environment. It is suitable for boutique retailers, wellness brands, or specialty food operators looking to join a repositioned destination in a vibrant town center.

Key Highlights

  • Prime location in the heart of Belmont Center, a walkable and high‑traffic district.
  • Exceptional visibility and strong neighborhood demographics.
  • 6,618 SF building formerly a CVS, now being revitalized.

Property Analytics

Current Use

CVS Pharmacy Pharmacy MoneyGram Bank Coinhub Bitcoin ATM ... Atm New England Classic ... Real Estate Agency

Suggested Use

Top Pick Law Firm Restaurant Auto Parts Store Pharmacy Accounting Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 18%
People's United Bank Shops & Services
3,691 visits/mo 0.1 miles
Santander Bank Shops & Services
2,829 visits/mo 0.0 miles
Mobil Shops & Services
2,498 visits/mo 0.2 miles
Bruegger's Dining
2,011 visits/mo 0.0 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

Market

Lease Benchmarks for Belmont, MA

$42.08 /SF/Yr
Avg Asking Price
$37.5–$55 /SF/Yr
Price Range
3,740 SF
Avg Space Size

This space is priced 31% above the average of $42.08 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail spaces available in revitalized Belmont Center building.
Where is this retail space located?
The property is located at 60 Leonard St #B Belmont, MA.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Belmont Center, a walkable and high‑traffic district.; Exceptional visibility and strong neighborhood demographics.; 6,618 SF building formerly a CVS, now being revitalized.
More about this property
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