Retail Space with Office
222 Arsenal St, Watertown, MA 02472
For Sale
Contact for pricing
Commercial space combines retail and office functionality in Watertown.
Property Size2,500 SF
Price / SF$0.01
Days on Market100
Property Features for 222 Arsenal St
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Gibson CRE
(617) 426-6901
Listed By:
Albert Bouchie · License MA #9522540
(617) 908-6775
Source:
Lockandkeyre
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 6:32AM
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.
Located at 222 Arsenal St in Watertown, this 2500-square-foot property provides a combined retail and office configuration. The building dates to 1925 and is positioned along Arsenal Street within the Watertown area.
Arsenal Yards is nearby, providing access to outdoor retail, dining, boutique shopping, and cultural offerings. The Charles River is also close to the property, adding access to a waterfront setting and outdoor recreation. The surrounding context supports a range of retail-office occupancy formats consistent with the existing configuration.
Arsenal Yards is nearby, providing access to outdoor retail, dining, boutique shopping, and cultural offerings. The Charles River is also close to the property, adding access to a waterfront setting and outdoor recreation. The surrounding context supports a range of retail-office occupancy formats consistent with the existing configuration.
Key Highlights
- 2500 Sq ft of combined retail‑office space
- Located at 222 Arsenal St, Watertown, MA 02472
- Building constructed in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,640
$718.6K
Cap Rate 7%
$513,314
$513.3K
Cap Rate 9%
$399,244
$399.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.9K $21.96/SF
− Vacancy
−$3.6K −$1.43/SF
EGI
$51.3K $20.53/SF
− OpEx
−$15.4K −$6.16/SF
NOI
$35.9K $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%
$718,640
Cap Rate 7%
$513,314
Cap Rate 9%
$399,244
Alternative Uses
Best Use
Office B
$1.13M
$991.6K – $1.32M
NOI $79,326 @ 7.0% cap
Second Best
Retail
$513.3K
$449.2K – $598.9K
NOI $35,932 @ 7.0% cap
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,599 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
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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
$737,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Middlesex County, MA
Properties on Market for Retail space in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space combines retail and office functionality in Watertown.
Where is this retail space located?
The property is located at 222 Arsenal St Watertown, MA.
What are key features of this property?
This property features: 2500 Sq ft of combined retail‑office space; Located at 222 Arsenal St, Watertown, MA 02472; Building constructed in 1925
