Fully Leased Five-Unit Strip
330 Belgrade Ave Roslindale, MA 02131
For Sale
Contact for pricing
Five-unit strip mall is fully leased and producing $10,700 per month in gross income.
Property Size4,133 SF
Price / SF$459.71
Days on Market265
Property Features for 330 Belgrade Ave
General Information
Standard status
Active
Size
4,133 SF
Property subtype
RETAIL
Listing Agency:
DMG Brokerage
(781) 591-3232
Listed By:
Dan Gardner
Source:
Moodyscre
Added: Nov 7, 2025
Changed: Jul 26
Last Checked: Jul 29 at 4:03PM
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 DMG Brokerage
Investment Insights
Based on property information with market context.
This five-unit commercial strip mall offers a turnkey business and real estate package and is currently fully leased, generating $10,700 per month in gross income. The property is configured as a multi-tenant retail shopping center with an owner-controlled option highlighted for a restaurateur who wants to take over an established restaurant space and own the entire building.
Located at 330 Belgrade Ave in Roslindale, the property sits within the Roslindale Village area described as an evolving neighborhood.
For buyers and brokers seeking an income-producing retail asset with an owner-occupant angle, this property combines existing occupancy with a consolidated ownership structure across the full strip mall.
Located at 330 Belgrade Ave in Roslindale, the property sits within the Roslindale Village area described as an evolving neighborhood.
For buyers and brokers seeking an income-producing retail asset with an owner-occupant angle, this property combines existing occupancy with a consolidated ownership structure across the full strip mall.
Key Highlights
- 5‑unit commercial strip mall in Roslindale Village
- Fully leased property producing $10,700/month in gross income
Financial Insights For Retail
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 | $104.2k | $25.20 |
| − Vacancy | −$8.9k | −$2.14 |
| EGI | $95.3k | $23.06 |
| − OpEx | −$28.6k | −$6.92 |
| NOI | $66.7k | $16.14 |
4,133 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$953.0K
$833.9K – $1.11M
NOI $66,709 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,635 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Five-unit strip mall is fully leased and producing $10,700 per month in gross income.
Where is this strip mall located?
The property is located at 330 Belgrade Ave Roslindale, MA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 5‑unit commercial strip mall in Roslindale Village; Fully leased property producing $10,700/month in gross income
