Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    626 Massachusetts Ave Arlington, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in iconic Arlington corner location.

    Type:RETAIL
    Property size:
    1,025 SF
    Lot size:
    0.18 Acres
    Added:
    May 4, 2023
    Days on Market:
    1093
    Last Refresh:
    Apr 5 at 10:17 pm

    Property Features for 626 Massachusetts Ave

    General Information

    Standard status
    Active
    Size
    1,025 SF
    Lot size
    0.18 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 626 Massachusetts Ave Contact us

    We can help!

    Listing Contact
    Rob Grady
    Rob Grady

    Listing agent Rob Grady

    Listing office KeyPoint Partners, LLC

    Listing date May 4, 2023

    Source Moodyscre

    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 KeyPoint Partners, LLC

    Overview

    Arlington Retail Space Available

    Located at the intersection of Massachusetts Avenue and Pleasant Street in Arlington, this property offers retail spaces for rent. The property benefits from its location on a busy corner. Available spaces include 1,025 square feet on the first level and 7,000 square feet on the second level. Onsite parking is available, supplemented by street and public parking options. Cambridge Savings Bank is also located at this location, with drive-thru teller and ATM services.
    Location Intelligence

    Current Use by Public Records

    Cambridge Savings Bank Bank ATM (Cambridge Savings ... Atm Frances Allegra Real Estate Agency Karen Rogers, Advisors ... Real Estate Agency Khalil Razzaghi at Advisors ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1532
    Latitude
    42.4152

    Nearby Similar for Lease

    • $3,850/Mo

      Freestanding Office Building on Mass Ave

      High-visibility office building for lease with parking and signage.
      1012 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $1,875/Mo

      Prime Office Space on Mass Ave

      Well-maintained office space in a prime location for rent.
      347 Massachusetts Ave #3, Arlington, MA 02474
      View Details
    • $3,500/Mo

      First Floor Office Suite

      Charming first floor office suite in a high visibility location.
      1171 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $9,000/Mo

      Modern Office Space in Arlington

      Versatile office space with modern amenities and convenient location.
      19-21 Broadway, Arlington, MA 02474
      View Details
    • $1,795/Mo

      Arlington Center Office Space

      Two-room office suite in the heart of Arlington Center.
      742 Massachusetts Ave 1B, Arlington, MA 02476
      View Details
    • $1,795/Mo

      Arlington Center Office Space Available

      Two-room office suite in the heart of Arlington Center.
      742 Massachusetts Ave #1B, Arlington, MA 02476
      View Details
    • $3,850/Mo

      Freestanding Office Building For Lease

      Freestanding office building in high visibility location on Mass Ave.
      1012 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $9,000/Mo

      Modern Office Space in Arlington

      Versatile office space with parking and public transport access.
      19-21 Broadway, Arlington, MA 02474
      View Details
    • $3,850/Mo

      Freestanding Office Building on Mass

      Freestanding office building for lease in high visibility location.
      1012 Massachusetts Avenue, Arlington, MA 02476
      View Details
    • Contact for pricing

      Flex/R&D Space in Arlington

      Flex/R&D space for lease in Arlington, Massachusetts.
      Arlington, MA 02474
      View Details
    • $2,000/Mo

      Prime Office Space on Mass Ave

      Well-maintained office space in a prime location for rent.
      347 Massachusetts Ave, Arlington, MA
      View Details
    • $45 SF/Yr

      Arlington Retail/Office Space For Rent

      Street-level office/retail space with prime location and modern finishes.
      Massachusetts Ave 633-641, Arlington, MA
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available in iconic Arlington corner location.
    Where is this retail space located?
    The property is located at 626 Massachusetts Ave Arlington, MA.
    What are key features of this property?
    This property features: Iconic Arlington corner location at busy Mass. Ave. and Pleasant St. intersection; 1,025 SF available on 1st level, **7,000 SF available on 2nd level**; Onsite parking complemented by street and public parking
    (781) 273-5555 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rob Grady
    Rob Grady
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!