Art Deco Storefront
New
For Sale
$1,079,000
22-26 Church St, Belmont, MA 02478
A masonry commercial property with ground-floor retail space, a full basement, and rear driveway access.
Property Size3,318 SF
Days on Market2
Property Features for 22-26 Church St
General Information
Standard status
Active
Size
3,318 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,902
Building Details
Building Size
3,318 SF
Year Built
1931
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By:
David Hurley · License #9084910
(617) 489-6900
Source:
Classifiedrealtygroup
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:55AM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
Dating to 1931, this masonry storefront building has an Art Deco design and a street-level commercial unit currently occupied by a bicycle dealership. The unit features 43 feet of window frontage, while a full basement with a half bath provides additional storage space. A paved driveway with capacity for two cars is accessible at the rear.
The property is in Belmont’s Local Business 1 (LB1) district and Mixed-Use Development Overlay SubDistrict 4 (MXDZ4). The surrounding commercial setting includes neighborhood shops, services, and restaurants. Waverley Square’s municipal parking lot and commuter rail platform are nearby; bus service includes Route 73 to Harvard Square and Route 554 to Waltham and Newton Corner.
The property is in Belmont’s Local Business 1 (LB1) district and Mixed-Use Development Overlay SubDistrict 4 (MXDZ4). The surrounding commercial setting includes neighborhood shops, services, and restaurants. Waverley Square’s municipal parking lot and commuter rail platform are nearby; bus service includes Route 73 to Harvard Square and Route 554 to Waltham and Newton Corner.
Key Highlights
- 1931 masonry building with Art Deco architecture
- 43 feet of window frontage at street level
- Full basement with half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,689
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,780
$953.8K
Cap Rate 7%
$681,271
$681.3K
Cap Rate 9%
$529,878
$529.9K
Market Conditions
NOI Build-Up for 3,318 SF
Gross rent
$72.9K $21.96/SF
− Vacancy
−$4.7K −$1.43/SF
EGI
$68.1K $20.53/SF
− OpEx
−$20.4K −$6.16/SF
NOI
$47.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,780
Cap Rate 7%
$681,271
Cap Rate 9%
$529,878
Alternative Uses
Best Use
Retail
$681.3K
$596.1K – $794.8K
NOI $47,689 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,497 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,227
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 64%
Dining 22%
Shops & Services 14%
Star Market
Groceries
39,561 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,292 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,582 visits/mo
0.0 miles
Bank of America
Shops & Services
4,766 visits/mo
0.1 miles
BP
Shops & Services
2,313 visits/mo
0.1 miles
Demographics for 02478, MA
27,286
Population
10,811
Households
2.5
Avg Household Size
42
Median Age
80%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
5,932
Density / Sq Mi
$177,790
Median Household Income
$95,206
Median Earnings
$2,382
Median Rent
$1,108,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - A masonry commercial property with ground-floor retail space, a full basement, and rear driveway access.
Where is this storefront property located?
The property is located at 22-26 Church St Belmont, MA.
What is the asking price?
The asking price for this property is $1,079,000.
What are key features of this property?
This property features: 1931 masonry building with Art Deco architecture; 43 feet of window frontage at street level; Full basement with half bath
