113 Belmont, Belmont, MA 02478
Versatile 1,840 SF building in Belmont, MA with mixed-use potential.
- Added:
- Apr 25, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 25 at 6:18 am
Property Features for 113 Belmont
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agent Albert Bouchie License #9522540 (617) 908-6775
Listing office Gibson Sotheby's International Realty (617) 908-6775
Listing date Apr 25, 2026
Source Liongatere
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All listing content including descriptions, pricing, images are the copyrighted material of Gibson Sotheby's International Realty
HighLights
- Prime investment opportunity in the heart of Belmont, MA.
- Zoned LB3, offering flexibility for office or medical use.
- Mandatory Mixed‑Use Subdistrict 4 (MXDZ4) allows for potential mixed‑use repositioning.
- 1,840 SF building with 8 versatile units.
- Occupancy potential for user owner for further growth.
- Potential for value enhancement through development.
Overview
Local Financial Insights For Office B
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 | $99.8k | $54.24 |
| − Vacancy | −$22.0k | −$11.93 |
| EGI | $77.8k | $42.31 |
| − OpEx | −$19.5k | −$10.58 |
| NOI | $58.4k | $31.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1545956
- Latitude
- 42.3753674