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Prime Lexington Center Retail/Office Space
For Lease
$35 SF/Yr

1844 Massachusetts Ave, Lexington, MA 02420

High-visibility retail/office space in Lexington Center with flexible floor plans.

Space SizeContact for details
Days on Market301

Property Features for 1844 Massachusetts Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,999

Building Details

Year Built 1930
Listing Agency: William Raveis R.E. & Home Services
Listed By: Lori Talanian
Source: Corcoran
Added: Oct 15, 2025 Changed: Aug 9 Last Checked: Aug 9 at 8:09PM

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 William Raveis R.E. & Home Services

Investment Insights

Based on property information with market context.

This property offers prime retail or office space for lease in the heart of historic Lexington Center, a desirable destination in Greater Boston. Situated on bustling Massachusetts Avenue, the location provides unmatched visibility and access within a thriving downtown community. The flexible floor plans are suitable for retail, office, or service use. The space features expansive windows providing natural light, high ceilings, and an open concept, making it ready for tenant fit-out. Parking options include nearby municipal lots and street parking. The property benefits from strong co-tenancy, surrounded by established local shops, dining, and professional offices. As a community hub with year-round events, the area experiences steady foot traffic and benefits from affluent demographics. The location draws residents, professionals, and tourists daily, and businesses benefit from a steady customer flow, strong spending power, and a supportive community atmosphere. The property offers flexible office sizes, negotiable terms, and immediate occupancy. The property size is 5100 square feet.

Key Highlights

  • Prime location in the heart of historic Lexington Center on Mass Ave, offering unmatched visibility and access.
  • Flexible floor plans suitable for retail, office, or service use, ready for tenant fit‑out.
  • Strong co‑tenancy with established local shops, dining, and professional offices.

Property Analytics

Current Use

Shrum Rebecca Physician Kandi nails Nail Salon Janet Mckenney Counselor

Suggested Use

Top Pick Grocery & Convenience Store Furniture & Home Goods Garden Center Auto Repair Shop Auto Parts Store Carpet & Flooring Store

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,481
Businesses Nearby

Demographics for 02420, MA

15,502
Population
5,759
Households
2.7
Avg Household Size
45
Median Age
85%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
2,215
Density / Sq Mi
$233,068
Median Household Income
$124,695
Median Earnings
$2,771
Median Rent
$1,148,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail/office space in Lexington Center with flexible floor plans.
Where is this retail space located?
The property is located at 1844 Massachusetts Ave Lexington, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of historic Lexington Center on Mass Ave, offering unmatched visibility and access.; Flexible floor plans suitable for retail, office, or service use, ready for tenant fit‑out.; Strong co‑tenancy with established local shops, dining, and professional offices.
More about this property
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