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Office Unit with Conference Room
For Lease
$40 SF/Yr

545 Concord Ave, Cambridge, MA 02138

Commercial Lease, Cambridge, MA

Space SizeContact for details
Lot Size0.24 Acres
Days on Market182

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 850 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2017
Tax Annual Amount 100391

Amenities

on-site parking
visitor parking
underground garage parking
showers
wheelchair accessible

Building Details

Year built 1988
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Christina Hill
Added: Apr 5 Changed: Oct 3 Last Checked: Oct 3 at 1:06PM
MLS# 73496075

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 850-square-foot office unit is configured with an open work area, a corner office with expanded window exposure, a conference room, and storage. The 1988 elevator building includes wheelchair access, showers, visitor parking, and underground garage parking. The property is zoned BA and offers a practical office layout for professional occupancy.

Located at 545 Concord Ave in Cambridge, the building is near bus stops 74 and 78 and 0.6 mile from the Alewife T station on the MBTA Red Line. Nearby conveniences include Whole Foods, Starbucks, CVS Pharmacy, Trader Joe’s, Chipotle, and Dunkin’. Danehy Park, Lusitania Field, Kingsley Park, and Fresh Pond Golf Course are also in the surrounding area.

Key Highlights

  • 850 SF office unit with open workspace, corner office, conference room, and storage
  • Wheelchair‑accessible elevator building constructed in 1988
  • On‑site parking plus visitor parking and underground garage parking

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cambridge, MA

$41.41 /SF/Yr
Avg Asking Price
$17.9–$81 /SF/Yr
Price Range
9,492 SF
Avg Space Size

This space is priced 3% below the average of $41.41 /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
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Frequently Asked Questions

What type of property is this?
Office units - Wheelchair-accessible office setting with on-site, visitor, and underground garage parking.
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: 850 SF office unit with open workspace, corner office, conference room, and storage; Wheelchair‑accessible elevator building constructed in 1988; On‑site parking plus visitor parking and underground garage parking
More about this property
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