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Cambridge Office Suite For Lease
For Lease
$40 SF/Yr

545 Concord Ave # 320, Cambridge, MA 02138

1,925 RSF office suite with natural light and views.

Space SizeContact for details
Property Size1,925 SF
Days on Market148

Property Features for 545 Concord Ave # 320

General Information

Standard status Active
Size 1,925 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $100,391

Building Details

Building Size 1,925 SF
Year Built 1988
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Patrick Verbeke
Source: Bostonluxurysuburbs
Added: Apr 5 Changed: Aug 25 Last Checked: Aug 29 at 3:37PM

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

Investment Insights

Based on property information with market context.

This 1,925 RSF office suite is available for lease, featuring five large window offices, a reception/waiting room, a storage room, and a kitchenette. The suite benefits from abundant natural light and offers views of Back Bay and Fresh Pond. The building is wheelchair accessible, equipped with an elevator and intercom system, and provides visitor parking along with underground garage parking. Recently renovated bathrooms and showers are available within the building. The location is conveniently close to bus lines 74 (Harvard Square to Belmont) and 78 (Harvard Square to Arlmont Village), and is 0.6 miles from the Alewife T station on the MBTA Red Line. Nearby amenities include Starbucks, Freepoint Hotel, Whole Foods, Ma Magoo's, Dunkin', TJ Max, Cartter's, McDonald's, Trek, PetSmart, Staples, Core Power Yoga, Apple Cinemas, Bon Me, Genki Ya, Chipotle, Trader Joe's, CVS Pharmacy, LaundroMutt, and Central Rock Gym. Parks and recreation options in the vicinity include Fresh Pond dog Park, Fresh Pond golf course, Danehy Park, Lusitania Field, and Kingsley Park.

Key Highlights

  • Prime location: Views of Back Bay and Fresh Pond, close to public transportation.
  • Functional office space: 1,925 RSF suite with 5 window offices, reception area, storage, and kitchenette.
  • Abundant natural light: Large windows in offices provide lots of natural light.

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

$40.67 /SF/Yr
Avg Asking Price
$17.9–$60 /SF/Yr
Price Range
10,165 SF
Avg Space Size

This space is priced 2% below the average of $40.67 /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 - 1,925 RSF office suite with natural light and views.
Where is this office units located?
The property is located at 545 Concord Ave # 320 Cambridge, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Prime location: Views of Back Bay and Fresh Pond, close to public transportation.; Functional office space: 1,925 RSF suite with 5 window offices, reception area, storage, and kitchenette.; Abundant natural light: Large windows in offices provide lots of natural light.
More about this property
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