Search
Renovated Office Suite
For Lease
$40 SF/Yr

316-545 Concord Ave, Cambridge, MA 02138

The suite offers a windowed meeting room, reception area, elevator access, and shared bathrooms and showers.

Space SizeContact for details
Days on Market20

Property Features for 316-545 Concord Ave

General Information

Standard status Active
Elevators Yes

Space & Availability

Space Use Office
Condition Renovated
Private Offices 2
Meeting Rooms 1

Site & Location

Neighborhood Cambridge Highlands
Public Transit Yes

Taxes and HOA fees

Annual Taxes $100,391

Amenities

common area bathrooms and showers
wheelchair accessible
intercom
visitor parking
underground garage parking
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Patrick Verbeke
Source: Exprealty
Added: Oct 11 Changed: Oct 29 Last Checked: Oct 28 at 4:28PM

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 Keller Williams Realty Boston Northwest

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,050-square-foot office suite has an open work area, a windowed office, a separate windowed room suitable for meetings, and a reception area. Renovated interiors are complemented by natural light. The building has an elevator with wheelchair access, intercom entry, shared bathrooms and showers, visitor parking, and an underground garage.

A bus stop serving routes 74 and 78 between Harvard Square and Belmont/Arlmont Village is across the street. Alewife MBTA station on the Red Line is 0.6 mile away. Nearby amenities include grocery and retail stores, restaurants, a hotel, a cinema, fitness facilities, and parks.

Key Highlights

  • 1,050‑square‑foot office suite with open work area, reception, and windowed office and meeting room
  • Renovated suite with abundant natural light
  • Wheelchair‑accessible elevator building with intercom entry

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Hair Salon Food Market Barber Shop Auto Parts Store Grocery & Convenience 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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 02138, MA

37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value

Market

Lease Benchmarks for Cambridge, MA

$40.72 /SF/Yr
Avg Asking Price
$17.9–$81 /SF/Yr
Price Range
9,362 SF
Avg Space Size

This space is priced 2% below the average of $40.72 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite offers a windowed meeting room, reception area, elevator access, and shared bathrooms and showers.
Where is this office unit located?
The property is located at 316-545 Concord Ave Cambridge, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 1,050‑square‑foot office suite with open work area, reception, and windowed office and meeting room; Renovated suite with abundant natural light; Wheelchair‑accessible elevator building with intercom entry
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved