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Cambridge Office Space for Rent
For Lease
$40 SF/Yr

545 Concord Ave #101, Cambridge, MA 02138

Office space with on-site parking and convenient public transportation access.

Space SizeContact for details
Property Size850 SF
Days on Market125

Property Features for 545 Concord Ave #101

General Information

Standard status Active
Size 850 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $100,391

Building Details

Year Built 1988
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Patrick Verbeke
Source: Corcoran
Added: Apr 6 Changed: Aug 8 Last Checked: Aug 8 at 7:52AM

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 Keller Williams Realty Boston Northwest

Investment Insights

Based on property information with market context.

This office space features an open window office, a large corner window office or conference room, and a storage room. On-site parking is available. The building is wheelchair accessible with an elevator, visitor parking, and underground garage parking. Showers are available in the building. The location is near bus stops 74 and 78 and is 0.6 miles from the Alewife T station on the MBTA red line. Nearby amenities include Starbucks, Whole Foods, Ma Magoo's, Dunkin', Chipotle, McDonald's, Trader Joe's, CVS Pharmacy, PetSmart, LaundroMutt, CorePower Yoga, Central Rock Gym, and Apple Cinemas. The Freepoint Hotel is also in close proximity. Parks and recreation options nearby include Danehy Park, Lusitania Field, Kingsley Park, and Fresh Pond Golf Course. The property offers 850 square feet of commercial space suitable for office use.

Key Highlights

  • Large corner window office/conference room.
  • On‑site parking available, including underground garage parking and visitor parking.
  • Convenient location: 0.6 mile to Alewife T station (MBTA red line).

Property Analytics

Current Use

Ethio Dental Care ... Dental Office Malachy A. Shaw-Jones, PSYD Physician Ethio Dental Care Dental Office Cambridge Neighbors Charitable Organization Vast Capital Management ... Property Management Company

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency

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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 02138, MA

37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value

Market

Lease Benchmarks for Cambridge, MA

$42.35 /SF/Yr
Avg Asking Price
$4.71–$70.87 /SF/Yr
Price Range
8,666 SF
Avg Space Size

This space is priced 6% below the average of $42.35 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with on-site parking and convenient public transportation access.
Where is this office units located?
The property is located at 545 Concord Ave #101 Cambridge, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Large corner window office/conference room.; On‑site parking available, including underground garage parking and visitor parking.; Convenient location: 0.6 mile to Alewife T station (MBTA red line).
More about this property
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