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    Three-Room Office Condo Suite Title is generated by Realmo AI

    19b-33 Bedford St, Lexington, MA 02420

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    For Sale
    $150,000

    A built-in-1981 office condo with a waiting room and two offices, positioned for daytime visibility in the Boston area.

    Property size:
    367 SF
    Price / SF:
    $408/SF
    Added:
    Nov 6, 2025
    Days on Market:
    217
    Last Refresh:
    Jun 11 at 3:41 am

    Property Features for 19b-33 Bedford St

    General Information

    Standard status
    Active
    Size
    367 SF

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    Listing Contact
    Albert Bouchie
    Albert Bouchie

    Listing agent Albert Bouchie License #9522540

    Listing office Gibson CRE

    Listing date Nov 6, 2025

    Source Exprealty

    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

    HighLights

    • 367 SF office condo unit in a building built in 1981
    • 3‑room layout with a waiting room and 2 offices
    • Suitable for owner‑occupation or rental income

    Overview

    This for-sale office condo unit is located in a professionally maintained building constructed in 1981. The unit is configured as a three-room suite, with a waiting room and two private offices, making it well-suited for professional services that require a reception area and separate workspaces. As an individual condo, it offers an opportunity for either owner-occupancy or rental use.

    The property is set within the Boston area and is described as having heavy daytime traffic, which can support business visibility and accessibility for clients visiting during working hours. The suite’s location within a well-established office building provides a straightforward, office-focused setting for tenant operations.

    For buyers seeking a compact office investment or a small practice space, the layout supports day-to-day client traffic with an entry-ready waiting room and two enclosed offices for consultations, administrative work, or team use. Because the offering is a single condo unit within an established building, it can be an efficient option for those looking to operate or lease a dedicated suite without the need for a larger footprint.

    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 $19.9k $54.24
    − Vacancy −$4.4k −$11.93
    EGI $15.5k $42.31
    − OpEx −$3.9k −$10.58
    NOI $11.6k $31.73
    367 SF · lease $54.24/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $166.4K
    $145.6K – $194.1K (±1% cap)
    NOI $11,645 @ 7.0% cap · market cap 7.76%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $217.3K
    $190.1K – $253.5K (±1% cap)
    NOI $15,208 @ 7.0% cap · market cap 10.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2310578
    Latitude
    42.4513569

    FAQs

    What type of property is this?
    Office units - A built-in-1981 office condo with a waiting room and two offices, positioned for daytime visibility in the Boston area.
    Where is this office units located?
    The property is located at 19b-33 Bedford St Lexington, MA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 367 SF office condo unit in a building built in 1981; 3‑room layout with a waiting room and 2 offices; Suitable for owner‑occupation or rental income
    More about this property
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