Renovated Office
New
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 Market2
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
1,050 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2017
Tax Annual Amount
100391
Amenities
common area bathrooms
showers
intercom
visitor parking
underground garage parking
wheelchair accessible
Building Details
Year built
1988
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Christina Hill
(978) 369-5775
Added: Oct 10
Last Checked: Oct 11 at 1:06PM
MLS# 73589341
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.
The renovated 1,050-square-foot office suite at 545 Concord Ave includes open office space, a reception area, and multiple windowed rooms, including one suited for meetings. Building features include shared bathrooms and showers, an elevator with wheelchair access, an intercom, visitor parking, and an underground garage. The property is zoned BA.
A bus stop across the street serves routes 74 and 78 between Harvard Square and Belmont/Arlmont Village. Alewife MBTA station on the Red Line is 0.6 mile away.
A bus stop across the street serves routes 74 and 78 between Harvard Square and Belmont/Arlmont Village. Alewife MBTA station on the Red Line is 0.6 mile away.
Key Highlights
- Renovated office suite measuring 1,050 square feet
- Open office, reception, windowed offices, and a windowed meeting room
- Shared bathrooms and showers in an elevator building with wheelchair access
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,594
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
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Market
Lease Benchmarks for Cambridge, MA
$41 /SF/Yr
Avg Asking Price
$17.9–$81 /SF/Yr
Price Range
9,690 SF
Avg Space Size
This space is priced 2% below the average of $41 /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 work areas, a meeting room, and reception are set within an elevator-served 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: Renovated office suite measuring 1,050 square feet; Open office, reception, windowed offices, and a windowed meeting room; Shared bathrooms and showers in an elevator building with wheelchair access
