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Storefront Retail Space with Basement

460 Massachusetts Ave, Arlington, MA 02474

For Sale
Contact for pricing

Open street-level layout with oversized windows, a private bathroom, and supplemental basement space.

Property Size1,910 SF
Days on Market191

Property Features for 460 Massachusetts Ave

General Information

Standard status Active
Size 1,910 SF
Lease Term Existing Lease Type: "Other (See Remarks)"

Additional Details

Highway Access Yes

Amenities

private bathroom

Building Details

Building Size 1,910 SF
Year Built 1910
Listing Agency: Coldwell Banker Realty - Cambridge
Listed By: Gary Vrotsos Team
Source: Iverty
Added: May 4 Changed: Nov 9 Last Checked: Sep 8 at 4:45AM

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 Coldwell Banker Realty - Cambridge

Rey
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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 street-level storefront at 460 Massachusetts Ave features oversized windows, an open interior arrangement, and a private bathroom. The property also includes a 600+ square-foot basement with a high ceiling, providing additional on-site storage or operational area. Built in 1910, the space offers a distinct retail presence along Massachusetts Avenue in Arlington, MA.

The location provides access to Route 2 and I-93, with nearby Red Line bus connections. Under the stated base-rent structure, insurance, taxes, and water are covered; the tenant is responsible for systems maintenance, including HVAC, electric, and plumbing.

Key Highlights

  • 600+ square‑foot basement with high ceiling
  • Street‑level storefront with oversized windows
  • Open interior layout with private bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,452
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,040 $549.0K
Cap Rate 7%
$392,171 $392.2K
Cap Rate 9%
$305,022 $305.0K
Market Conditions
NOI Build-Up for 1,910 SF
Gross rent
$41.9K $21.96/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$39.2K $20.53/SF
− OpEx
−$11.8K −$6.16/SF
NOI
$27.5K $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%
$549,040
Cap Rate 7%
$392,171
Cap Rate 9%
$305,022

Alternative Uses

Best Use
Retail
$392.2K
$343.2K – $457.5K (±1% cap)
NOI $27,452 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.4K – $1.32M (±1% cap)
NOI $79,150 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Food Market Nail Salon Law Firm Pharmacy

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 39% Dining 30% Shops & Services 17% Home Improvements & Furnishings 13%
Whole Foods Market Groceries
26,076 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,576 visits/mo 0.4 miles
R.W. Shattuck & Co Inc Ace Hardware Home Improvements & Furnishings
9,123 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,877 visits/mo 0.2 miles
Citizens Bank Shops & Services
4,450 visits/mo 0.3 miles

Demographics for 02474, MA

28,551
Population
12,541
Households
2.3
Avg Household Size
40
Median Age
74%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,210
Density / Sq Mi
$139,199
Median Household Income
$80,498
Median Earnings
$2,157
Median Rent
$887,000
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Middlesex County, MA

$313 Jul
$246 Aug
$239 Sep
$283 Oct

Properties on Market for Storefront properties in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • The Daily Bloom — 25 Mystic St, Arlington, MA 02474
  • Cody Floral Designs — Floor 1, 26 Dudley St, Arlington, MA 02476
  • Perfect Petals Flowers — 52 ridge st, arlington, ma 02474

Frequently Asked Questions

What type of property is this?
Storefront property - Open street-level layout with oversized windows, a private bathroom, and supplemental basement space.
Where is this storefront property located?
The property is located at 460 Massachusetts Ave Arlington, MA.
What are key features of this property?
This property features: 600+ square‑foot basement with high ceiling; Street‑level storefront with oversized windows; Open interior layout with private bathroom
Research This Page with AI

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

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