Brick Flex Building with Rear
99 Cambridge St Burlington Burlington, MA 01803
99 Cambridge St Burlington, Burlington, MA, 01803
$1,699,900
For Sale
$1,699,900
Brick flex building with lower-level rear garage doors and central air, located on busy Route 3/Cambridge Street.
Property Size4,974 SF
Price / SF$341.76
Days on Market50
Property Features for 99 Cambridge St Burlington
General Information
- Standard status
- Active
- Size
- 4,974 SF
Building Details
- Year Built
- 1966
Listing agency
V & E Realty
(508) 501-1443
Listed by
Brian Balestracci · License #455500324
(508) 501-1443
Source
Milestonerealtyinc
Added: Jun 3 Updated: Jul 22 at 12:45AM Checked: Jul 22 at 12:45AM
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 V & E Realty
Investment Insights
Based on property information with market context.
Brick commercial flex building in excellent condition with newer gas heating and central air conditioning. The lower level includes rear garage doors providing direct access, which can support a variety of service and trade-oriented operations.
Situated on busy Route 3/Cambridge Street, the property offers convenient connectivity to major nearby routes, including easy access to Interstate 93 and Route 95. MBTA bus routes 350 and 354 stop directly in front of the building. Public remarks note approximately 30,000 vehicles passing daily, along with signage exposure.
Parking is available in front, rear, and side areas, with approximately 20 shared spaces. The building is currently configured with two tenants, and it is being marketed as a potential 1031 exchange property.
Situated on busy Route 3/Cambridge Street, the property offers convenient connectivity to major nearby routes, including easy access to Interstate 93 and Route 95. MBTA bus routes 350 and 354 stop directly in front of the building. Public remarks note approximately 30,000 vehicles passing daily, along with signage exposure.
Parking is available in front, rear, and side areas, with approximately 20 shared spaces. The building is currently configured with two tenants, and it is being marketed as a potential 1031 exchange property.
Key Highlights
- Brick commercial building built in 1966 on busy Route 3/Cambridge Street
- Central air plus newer gas heating systems
- Lower‑level rear garage doors provide direct access for service and trades businesses
Local Financial Insights For Industrial
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 | $80.0k | $16.08 |
| − Vacancy | −$4.4k | −$0.88 |
| EGI | $75.6k | $15.20 |
| − OpEx | −$22.7k | −$4.56 |
| NOI | $52.9k | $10.64 |
4,974 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$755.8K
$661.4K – $881.8K
NOI $52,908 @ 7.0% cap · market cap 3.11%
Second Best
Flex RnD
$352.4K
$308.3K – $411.1K
NOI $24,667 @ 7.0% cap · market cap 1.45%
Theoretical Best
Office A
$2.94M
$2.58M – $3.44M
NOI $206,121 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Transcend Maintenance Services, ...
Commercial Cleaning Service
James A Martin Co
Landscaping
Posh Lash and Beauty
Hair Salon
Burlington Studio-Photography
Photography Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Brick flex building with lower-level rear garage doors and central air, located on busy Route 3/Cambridge Street.
Where is this flex space located?
The property is located at 99 Cambridge St Burlington Burlington, MA.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Brick commercial building built in 1966 on busy Route 3/Cambridge Street; Central air plus newer gas heating systems; Lower‑level rear garage doors provide direct access for service and trades businesses
