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    72 Leonard St Belmont, MA 02478

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    For Lease
    Contact for pricing

    Freestanding retail space with drive-thru in downtown Belmont.

    Property size:
    2,500 SF
    Lot size:
    0.22 Acres

    Property Features for 72 Leonard St

    General Information

    Size
    2,500 SF
    Lot size
    0.22 Acres

    Source: CBRE | Boston Agent Rob Robledo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Belmont Drive-Thru Retail Opportunity

    This freestanding retail opportunity is located in downtown Belmont, Massachusetts, an area with an average household income of over $243,000 within one mile. The property offers approximately 2,500 square feet of ground-level space with a full basement. A private parking lot and drive-thru are included. The location represents an opportunity to enter a prestigious market. The area's three existing banks held over $1 billion in bank deposits in 2022.
    Insight Report Location Intelligence

    Current Use by Public Records

    Merrill Lynch Mortgage Broker Bank of America ATM Atm Bank of America Mortgage Mortgage Broker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1752253
    Latitude
    42.3980155

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      Belmont Center Retail Opportunity

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding retail space with drive-thru in downtown Belmont.
    Where is this drive through restaurant located?
    The property is located at 72 Leonard St Belmont, MA.
    What are key features of this property?
    This property features: - Only drive-thru in downtown Belmont; - Freestanding building with a private parking lot; - ±2,500 SF ground level with full basement
    (617) 908-0745
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    72 Leonard St Belmont, MA 02478
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    Belmont, MA 02478
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72 Leonard St Belmont, MA 02478
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