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Office Suite with Natural Light
For Lease
$40 SF/Yr

545 Concord Ave, Cambridge, MA 02138

Commercial Lease, Cambridge, MA

Space Size1,925 SF
Lot Size0.24 Acres
Days on Market138

Property Features for 545 Concord Ave

General Information

Property type Commercial Lease
Property subtype Other
Zoning BA
Zoning description Legal Conforming
Directions Close to Fresh Pond Mall. Near the intersection of Concord Ave and Alewife Brook Parkway
Subdivision Cambridge Highlands
Standard status Active
APN M:0265A L:00031,4407437
Size 1,925 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2017
Tax Annual Amount 100391

Amenities

intercom
visitor parking
underground garage parking
recently renovated bathrooms
showers in the building

Building Details

Year built 1988
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Christina Hill
Added: Apr 5 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# 73496090

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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. Abundant natural light accompanies views toward Back Bay and Fresh Pond. The building, constructed in 1988, has wheelchair-accessible elevator service, an intercom, visitor parking, and underground garage parking. Recently renovated bathrooms and building showers add practical support for occupants. The property is zoned BA.

A nearby bus stop serves lines 74 and 78, while the Alewife T station on the MBTA Red Line is 0.6 mile away. The surrounding area includes Whole Foods, Starbucks, Dunkin', Trader Joe's, CVS Pharmacy, Staples, and other retail, dining, fitness, and recreation options, including Fresh Pond dog Park, Fresh Pond golf course, and Danehy Park.

Key Highlights

  • 1,925 RSF office suite with 5 large window offices
  • Reception and waiting area, storage room, and kitchenette
  • Views of Back Bay and Fresh Pond with abundant natural light

Property Analytics

Current Use

Ethio Dental Care ... Dental Office Malachy A. Shaw-Jones, PSYD Physician Ethio Dental Care Dental Office Cambridge Neighbors Charitable Organization Vast Capital Management ... Property Management Company

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency

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

1,594
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

$41.21 /SF/Yr
Avg Asking Price
$17.9–$60 /SF/Yr
Price Range
10,088 SF
Avg Space Size

This space is priced 3% below the average of $41.21 /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 - Windowed offices include reception, storage, and a kitchenette within an accessible elevator building.
Where is this office units located?
The property is located at 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: 1,925 RSF office suite with 5 large window offices; Reception and waiting area, storage room, and kitchenette; Views of Back Bay and Fresh Pond with abundant natural light
More about this property
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