Private Office
For Sale
Contact for pricing
154 Belmont St, Watertown, MA 02472
Professional workspace with utilities included, a dedicated entrance, and shared common areas and bathrooms.
Property Size400 SF
Price / SF$2.50
Days on Market49
Property Features for 154 Belmont St
General Information
Standard status
Active
Size
400 SF
Property subtype
Commercial
Amenities
Private entrance
common area
bathrooms
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Gibson CRE
(617) 426-6901
Listed By:
Albert Bouchie · License #9522540
(617) 908-6775
Source:
Lockandkeyre
Added: Sep 1
Changed: Oct 19
Last Checked: Oct 19 at 10:14AM
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 Gibson CRE
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Investment Insights
Based on property information with market context.
This 400-square-foot office unit is arranged as a private suite within a professional building constructed in 1920. The space has its own entrance, while occupants share common areas and bathrooms.
Utilities are included, providing a straightforward occupancy arrangement. The building is situated along the Watertown-Belmont Line and includes other legal and financial professionals, creating an established professional-office setting.
Utilities are included, providing a straightforward occupancy arrangement. The building is situated along the Watertown-Belmont Line and includes other legal and financial professionals, creating an established professional-office setting.
Key Highlights
- 400‑square‑foot private office suite
- Utilities included in the lease
- Dedicated private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,692
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,840
$253.8K
Cap Rate 7%
$181,314
$181.3K
Cap Rate 9%
$141,022
$141.0K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$21.7K $54.24/SF
− Vacancy
−$4.8K −$11.93/SF
EGI
$16.9K $42.31/SF
− OpEx
−$4.2K −$10.58/SF
NOI
$12.7K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,840
Cap Rate 7%
$181,314
Cap Rate 9%
$141,022
Alternative Uses
Best Use
Office B
$181.3K
$158.7K – $211.5K
NOI $12,692 @ 7.0% cap · market cap 1,269.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.8K
$207.2K – $276.3K
NOI $16,576 @ 7.0% cap · market cap 1,657.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
Explore this area
Business Placement
Demographics for 02472, MA
35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace with utilities included, a dedicated entrance, and shared common areas and bathrooms.
Where is this office unit located?
The property is located at 154 Belmont St Watertown, MA.
What are key features of this property?
This property features: 400‑square‑foot private office suite; Utilities included in the lease; Dedicated private entrance
