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Renovated Office Suite
New
For Lease
$40 SF/Yr

545 Concord Ave # 316, Cambridge, MA 02138

Windowed work areas, reception, and shared building amenities support a flexible office setup.

Space SizeContact for details
Property Size1,050 SF
Days on Market7

Property Features for 545 Concord Ave # 316

General Information

Standard status Active
Size 1,050 SF
Elevators Yes
Property subtype COMMERCIAL

Space & Availability

Space Use Office
Condition Renovated
Private Offices 2
Meeting Rooms 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $100,391

Amenities

common area bathrooms
showers
intercom
visitor parking
underground garage parking

Building Details

Building Size 1,050 SF
Year Built 1988
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Patrick Verbeke
Source: Jonathanradford
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 15 at 6:57AM

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.

This renovated 1,050-square-foot office suite includes open workspace, a reception area, and two enclosed windowed rooms, one of which is suited to meetings. The elevator-served building is wheelchair accessible and has intercom service, shared bathrooms and showers, visitor parking, and underground garage parking.

Bus routes 74 and 78 stop across the street, connecting Harvard Square with Belmont and Arlmont Village. Alewife station on the Red Line is 0.6 mile away. Nearby retail, dining, and recreation options include Whole Foods Market, CVS Pharmacy, Fresh Pond, and Danehy Park.

Key Highlights

  • 1,050‑square‑foot renovated office suite
  • Open workspace, reception area, and two windowed rooms, including a meeting room
  • Wheelchair‑accessible elevator building with shared bathrooms and showers

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

$40.98 /SF/Yr
Avg Asking Price
$17.9–$81 /SF/Yr
Price Range
9,505 SF
Avg Space Size

This space is priced 2% below the average of $40.98 /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

Frequently Asked Questions

What type of property is this?
Office units - Windowed work areas, reception, and shared building amenities support a flexible office setup.
Where is this office units located?
The property is located at 545 Concord Ave # 316 Cambridge, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 1,050‑square‑foot renovated office suite; Open workspace, reception area, and two windowed rooms, including a meeting room; Wheelchair‑accessible elevator building with shared bathrooms and showers
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