Street-Level Storefront
285 Belmont #285, Belmont, MA 02478
For Sale
Contact for pricing
Configurable commercial space supports retail, dining, or office operations across street-level and lower-level areas.
Property Size5,800 SF
Price / SF$0.01
Days on Market101
Property Features for 285 Belmont #285
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 10
Last Checked: Nov 10 at 8:38AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 285 Belmont Street provides up to 5,479 SqFt of configurable commercial space. Unit 285 includes 2,942 SqFt at street level and another 2,537 SqFt on the lower level, creating a flexible layout for retail, dining, or office use. The building was constructed in 1985 and features a commercial facade with interior space that can be adapted to the occupant’s requirements.
The property is located in Belmont, Massachusetts, with ample parking and proximity to major transportation routes. Its street-facing configuration supports customer-oriented commercial uses, while the lower level adds additional area for operations, storage, or other functions supported by the final layout.
The property is located in Belmont, Massachusetts, with ample parking and proximity to major transportation routes. Its street-facing configuration supports customer-oriented commercial uses, while the lower level adds additional area for operations, storage, or other functions supported by the final layout.
Key Highlights
- Up to 5,479 SqFt of configurable storefront space
- Unit 285 includes 2,942 SqFt at street level
- Additional 2,537 SqFt is located on the lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,362
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,667,240
$1.7M
Cap Rate 7%
$1,190,886
$1.2M
Cap Rate 9%
$926,244
$926.2K
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$127.4K $21.96/SF
− Vacancy
−$8.3K −$1.43/SF
EGI
$119.1K $20.53/SF
− OpEx
−$35.7K −$6.16/SF
NOI
$83.4K $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%
$1,667,240
Cap Rate 7%
$1,190,886
Cap Rate 9%
$926,244
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,362 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.43M
$3.00M – $4.01M
NOI $240,351 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
7-Eleven
Shops & Services
8,804 visits/mo
0.5 miles
Dunkin' Donuts
Dining
5,724 visits/mo
0.5 miles
Citizens Bank
Shops & Services
2,452 visits/mo
0.5 miles
MyEyeDr.
Shops & Services
2,289 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
$1,108,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Middlesex County, MA
Properties on Market for Storefront properties in Middlesex County
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Configurable commercial space supports retail, dining, or office operations across street-level and lower-level areas.
Where is this storefront property located?
The property is located at 285 Belmont #285 Belmont, MA.
What are key features of this property?
This property features: Up to 5,479 SqFt of configurable storefront space; Unit 285 includes 2,942 SqFt at street level; Additional 2,537 SqFt is located on the lower level
