Corner Office
For Lease
$40 SF/Yr
545 Concord Ave, Cambridge, MA 02138
COMMERCIAL - Cambridge, MA
Space SizeContact for details
Lot Size0.24 Acres
Days on Market134
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 elevator
Building Details
Year built
1988
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Christina Hill
(978) 369-5775
Added: Apr 5
Changed: Aug 4
Last Checked: Aug 16 at 12:06AM
MLS# 73496075
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Investment Insights
Based on property information with market context.
This 850-square-foot office unit is configured with an open window office, a large corner-window office or conference room, and a storage room. The elevator-served building is wheelchair accessible and includes visitor parking, underground garage parking, and showers. Constructed in 1988, the property carries BA zoning.
Transit access includes nearby bus stops 74 and 78, with the Alewife T station on the MBTA Red Line located 0.6 mile away. The surrounding area includes retail, dining, fitness, entertainment, and recreation options, including Starbucks, Whole Foods, CVS Pharmacy, CorePower Yoga, Apple Cinemas, Danehy Park, and Fresh Pond Golf Course.
Transit access includes nearby bus stops 74 and 78, with the Alewife T station on the MBTA Red Line located 0.6 mile away. The surrounding area includes retail, dining, fitness, entertainment, and recreation options, including Starbucks, Whole Foods, CVS Pharmacy, CorePower Yoga, Apple Cinemas, Danehy Park, and Fresh Pond Golf Course.
Key Highlights
- 850 SF office unit with open and corner‑window office areas
- Large corner‑window room suitable for office or conference use
- Visitor parking and underground garage parking available
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,055
Businesses Nearby
Explore this area
Business Placement
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
$41.67 /SF/Yr
Avg Asking Price
$4.71–$70.87 /SF/Yr
Price Range
9,718 SF
Avg Space Size
This space is priced 4% below the average of $41.67 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Windowed office space includes a conference room, storage, on-site parking, and elevator access.
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 and corner‑window office areas; Large corner‑window room suitable for office or conference use; Visitor parking and underground garage parking available
