Office Condo Unit with Two
33 Bedford Unit 19B Lexington, MA 02420
33 Bedford Unit 19B, Lexington, MA, 02420
$165,000
For Sale
$165,000
3-room office condo includes a waiting room and two offices within a building built in 1981.
Property Size367 SF
Price / SF$449.59
Days on Market325
Property Features for 33 Bedford Unit 19B
General Information
- Standard status
- Active
- Size
- 367 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1981
Listing agency
Gibson CRE
Listed by
Albert Bouchie
(617) 262-6200
Source
Cabotandcompany
Added: Aug 31, 2025 Updated: Jul 20 at 5:14PM Checked: Jul 21 at 7:06AM
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
Investment Insights
Based on property information with market context.
This is a 367 SF office condo unit in a well-established building built in 1981. The interior is configured as a waiting room plus two offices, providing a straightforward layout for professional use.
The property is situated in the Boston area and is described as benefiting from heavy daytime traffic, supporting visibility and accessibility for an office tenant.
Offered for sale, the unit is suited for either owner-occupancy or rental use, depending on the buyer’s plans.
The property is situated in the Boston area and is described as benefiting from heavy daytime traffic, supporting visibility and accessibility for an office tenant.
Offered for sale, the unit is suited for either owner-occupancy or rental use, depending on the buyer’s plans.
Key Highlights
- 367 SF office condo unit in a building built in 1981
- 3‑room layout includes a waiting room and 2 offices
- Unit designed for professional office use with multiple interior work areas
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
NOI $11,645 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$217.3K
$190.1K – $253.5K
NOI $15,208 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MA Wills & Trusts
Law Firm
AssuredNext Insurance
Insurance Agency
Daniels Chiropractic Office ...
Alternative Medicine Practice
Lexington Periodontics & Implantology, ...
Dental Office
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FAQs
What type of property is this?
Office units - 3-room office condo includes a waiting room and two offices within a building built in 1981.
Where is this office units located?
The property is located at 33 Bedford Unit 19B Lexington, MA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 367 SF office condo unit in a building built in 1981; 3‑room layout includes a waiting room and 2 offices; Unit designed for professional office use with multiple interior work areas
