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Windowed Office Suite
For Lease
$40 SF/Yr

545 Concord Ave # 320 Cambridge, Cambridge, MA 02138

Office suite with five enclosed offices, reception space, storage, and a kitchenette in an elevator-served building.

Space SizeContact for details
Property Size1,925 SF
Days on Market94

Property Features for 545 Concord Ave # 320 Cambridge

General Information

Standard status Active
Size 1,925 SF
Zoning BA
Lease Type Gross

Taxes and HOA fees

Annual Taxes $100,391

Building Details

Building Size 1,925 SF
Year Built 1988
Listing Agency: Commercial Northwest at KW Commercial
Listed By: Sharon Lucido
Source: Bournetosellrealestate
Added: May 29 Changed: Aug 29 Last Checked: Aug 30 at 1:18PM

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 Commercial Northwest at KW Commercial

Investment Insights

Based on property information with market context.

This 1,925 RSF office suite offers five large windowed offices, a reception and waiting area, storage, and a kitchenette. The space benefits from natural light and views toward Back Bay and Fresh Pond. The elevator-served building includes an intercom, wheelchair access, visitor parking, and underground garage parking. Bathrooms have been recently renovated, and showers are available within the building.

Located at 545 Concord Ave # 320 in Cambridge, the property is near bus service on lines 74 and 78 and approximately 0.6 mile from the Alewife T station on the MBTA Red Line. Nearby retail, dining, fitness, entertainment, and recreation options include Whole Foods, Starbucks, Trader Joe’s, Apple Cinemas, Fresh Pond dog Park, Fresh Pond golf course, and Danehy Park. The building was constructed in 1988 and carries BA zoning.

Key Highlights

  • 1,925 RSF office suite with five large window offices
  • Reception and waiting room, storage room, and kitchenette
  • Views of Back Bay and Fresh Pond

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Home Appliance Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Carpet & Flooring 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

3,078
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

$40.67 /SF/Yr
Avg Asking Price
$17.9–$60 /SF/Yr
Price Range
10,165 SF
Avg Space Size

This space is priced 2% below the average of $40.67 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with five enclosed offices, reception space, storage, and a kitchenette in an elevator-served building.
Where is this office units located?
The property is located at 545 Concord Ave # 320 Cambridge Cambridge, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 1,925 RSF office suite with five large window offices; Reception and waiting room, storage room, and kitchenette; Views of Back Bay and Fresh Pond
More about this property
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