Second-Floor Office
For Sale
Contact for pricing
565 Mount Auburn, Watertown, MA 02472
Flexible second-floor office space with shared restrooms and street-level window signage for display.
Property Size1,911 SF
Price / SF$0.53
Days on Market194
Property Features for 565 Mount Auburn
General Information
Standard status
Active
Size
1,911 SF
Property subtype
Commercial
Lease Term
Existing Lease Type: Other (See Remarks)
Building Details
Building Size
1,911 SF
Year Built
1911
Listing Agency:
Lamacchia Realty, Inc.
(781) 786-8080
Listed By:
Suzanna Krmzian · License #449589928
(781) 266-6864
Source:
Iverty
Added: Apr 10
Changed: Oct 19
Last Checked: Oct 19 at 10:32AM
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 Lamacchia Realty, Inc.
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Investment Insights
Based on property information with market context.
Second-floor office space is available with multiple configuration options, including individual offices, half-floor occupancy, or a full-floor lease. The suite includes shared restrooms. Signage may be displayed on a street-level window. Lease terms are described as flexible, with full-floor tenants responsible for utilities.
The property is located in Watertown with convenient access to major routes and public transportation, and it is close to Cambridge and Boston. Parking is available on-street.
For individual office leases, the information provided states that heat and water are included, while tenants are responsible for electricity.
The property is located in Watertown with convenient access to major routes and public transportation, and it is close to Cambridge and Boston. Parking is available on-street.
For individual office leases, the information provided states that heat and water are included, while tenants are responsible for electricity.
Key Highlights
- Approximately 1,900 sq ft of flexible second‑floor office space available for lease in Watertown
- Multiple leasing options: individual offices, half‑floor, or full‑floor occupancy
- Shared restrooms included; street‑level window signage available for display
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,288
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,760
$1.2M
Cap Rate 7%
$861,257
$861.3K
Cap Rate 9%
$669,867
$669.9K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$103.1K $54.24/SF
− Vacancy
−$22.7K −$11.93/SF
EGI
$80.4K $42.31/SF
− OpEx
−$20.1K −$10.58/SF
NOI
$60.3K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,760
Cap Rate 7%
$861,257
Cap Rate 9%
$669,867
Alternative Uses
Best Use
Office B
$861.3K
$753.6K – $1.00M
NOI $60,288 @ 7.0% cap · market cap 6,028.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$984.2K – $1.31M
NOI $78,736 @ 7.0% cap · market cap 7,873.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,421
Businesses Nearby
Explore this area
Business Placement
Demographics for 02472, MA
35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible second-floor office space with shared restrooms and street-level window signage for display.
Where is this office unit located?
The property is located at 565 Mount Auburn Watertown, MA.
What are key features of this property?
This property features: Approximately 1,900 sq ft of flexible second‑floor office space available for lease in Watertown; Multiple leasing options: individual offices, half‑floor, or full‑floor occupancy; Shared restrooms included; street‑level window signage available for display
