Office Suite with Corner
For Sale
Contact for pricing
545 Concord Ave # 101, Cambridge, MA 02138
Wheelchair-accessible office building with an on-site parking setup and showers, minutes from MBTA Alewife.
Property Size850 SF
Price / SF$0.05
Days on Market212
Property Features for 545 Concord Ave # 101
General Information
Standard status
Active
Size
850 SF
Elevators
Yes
Property subtype
Commercial
Zoning
BA
Lease Type
Gross
Site & Location
Neighborhood
Cambridge Highlands
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$100,391
Amenities
showers
Building Details
Building Size
850 SF
Year Built
1988
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Patrick Verbeke
(617) 230-3638
Source:
Churchillprop
Added: Apr 5
Changed: Oct 31
Last Checked: Nov 1 at 2:51AM
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 Keller Williams Realty Boston Northwest
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Investment Insights
Based on property information with market context.
545 Concord Ave #101 in Cambridge offers a practical office layout for a small team. The suite includes an open window office, a large corner window office/conference room, and a storage room.
The building features a wheelchair-accessible elevator and includes visitor parking, along with underground garage parking. Showers are available in the building, and on-site parking is offered for occupants and guests.
Convenient transit access is a notable part of the location, with bus stops 74 and 78 nearby and the Alewife T station on the MBTA Red Line about 0.6 mile away. The building was completed in 1988 and totals 850 SF for this suite.
The building features a wheelchair-accessible elevator and includes visitor parking, along with underground garage parking. Showers are available in the building, and on-site parking is offered for occupants and guests.
Convenient transit access is a notable part of the location, with bus stops 74 and 78 nearby and the Alewife T station on the MBTA Red Line about 0.6 mile away. The building was completed in 1988 and totals 850 SF for this suite.
Key Highlights
- 850 SF office suite at 545 Concord Ave #101
- Large corner window office and conference room plus storage room
- Wheelchair‑accessible elevator with visitor parking and underground garage parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,885
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,700
$657.7K
Cap Rate 7%
$469,786
$469.8K
Cap Rate 9%
$365,389
$365.4K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$49.3K $57.96/SF
− Vacancy
−$5.4K −$6.38/SF
EGI
$43.8K $51.58/SF
− OpEx
−$11.0K −$12.90/SF
NOI
$32.9K $38.69/SF
Area
Cambridge, MA
Vacancy
11.00%
Lease Rate
$57.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,700
Cap Rate 7%
$469,786
Cap Rate 9%
$365,389
Alternative Uses
Best Use
Office B
$469.8K
$411.1K – $548.1K
NOI $32,885 @ 7.0% cap · market cap 82,212.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.3K
$573.4K – $764.5K
NOI $45,872 @ 7.0% cap · market cap 114,680.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,594
Businesses Nearby
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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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Wheelchair-accessible office building with an on-site parking setup and showers, minutes from MBTA Alewife.
Where is this office unit located?
The property is located at 545 Concord Ave # 101 Cambridge, MA.
What are key features of this property?
This property features: 850 SF office suite at 545 Concord Ave #101; Large corner window office and conference room plus storage room; Wheelchair‑accessible elevator with visitor parking and underground garage parking
