Two-Room Office
For Sale
Contact for pricing
742 Massachusetts Ave # 1B, Arlington, MA 02476
Flexible office layout with separate entrances, abundant daylight, and an on-site private bathroom.
Property Size1,800 SF
Price / SF$1.17
Days on Market192
Property Features for 742 Massachusetts Ave # 1B
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Zoning
B1
Lease Type
Gross
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$15,264
Amenities
private bathroom
multiple private entrances
natural light
Building Details
Building Size
1,800 SF
Year Built
1820
Listing Agency:
Gibson Sotheby's International Realty
(781) 648-3500
Listed By:
Steve McKenna & The Home Advantage Team
(781) 645-0505
Source:
Churchillprop
Added: Apr 10
Changed: Oct 6
Last Checked: Oct 16 at 7:28AM
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 Gibson Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 1,800-square-foot office unit is arranged as a two-room suite with multiple private entrances, strong natural light, and a dedicated bathroom. The configuration supports professional office operations and is suited to uses such as therapy, legal, accounting, consulting, and boutique services. The property carries B1 zoning and dates to 1820.
Positioned on Massachusetts Avenue in Arlington Center, the suite is near shops, restaurants, public transportation, and municipal parking. The setting also provides street exposure and pedestrian activity for businesses that benefit from a visible center location.
Positioned on Massachusetts Avenue in Arlington Center, the suite is near shops, restaurants, public transportation, and municipal parking. The setting also provides street exposure and pedestrian activity for businesses that benefit from a visible center location.
Key Highlights
- 1,800 SF two‑room office suite
- Multiple private entrances and a private bathroom
- B1 zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,115
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,300
$1.1M
Cap Rate 7%
$815,929
$815.9K
Cap Rate 9%
$634,611
$634.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$97.6K $54.24/SF
− Vacancy
−$21.5K −$11.93/SF
EGI
$76.2K $42.31/SF
− OpEx
−$19.0K −$10.58/SF
NOI
$57.1K $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%
$1,142,300
Cap Rate 7%
$815,929
Cap Rate 9%
$634,611
Alternative Uses
Best Use
Office B
$815.9K
$713.9K – $951.9K
NOI $57,115 @ 7.0% cap · market cap 2,719.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap · market cap 3,552.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,688
Businesses Nearby
Explore this area
Business Placement
Demographics for 02476, MA
17,757
Population
8,058
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
8,456
Density / Sq Mi
$145,150
Median Household Income
$91,600
Median Earnings
$1,823
Median Rent
$882,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Flexible office layout with separate entrances, abundant daylight, and an on-site private bathroom.
Where is this office units located?
The property is located at 742 Massachusetts Ave # 1B Arlington, MA.
What are key features of this property?
This property features: 1,800 SF two‑room office suite; Multiple private entrances and a private bathroom; B1 zoning designation
