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    545 Concord Ave Cambridge, MA 02138

    Sponsored
    For Lease
    Contact for pricing

    Bright, 1,017 sq ft office, Alewife location

    Lot size:
    19,987 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,017 square foot office suite is available for lease in a four-story, elevator-equipped building in Cambridge, MA. Located in the Alewife - Fresh Pond submarket, this traditional office space boasts abundant natural light and features an open area with two window offices. The building is wheelchair accessible and offers convenient amenities including recently renovated bathrooms and showers. Covered parking is available. The property's prime location is just a half-mile from the Alewife T station (MBTA Red Line) and near bus routes 74 and 78 to Harvard Square. A wealth of nearby amenities include Starbucks, Whole Foods, various restaurants, a CVS, PetSmart, and fitness options. Nearby parks and recreational areas such as Fresh Pond (with a dog park and golf course) provide additional appeal. The address is 545 Concord Ave, Cambridge, MA 02138. The total building size is 19,987 square feet.

    Property Features for 545 Concord Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,987 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    1,017 RSF
    Size
    1,017 SF

    HighLights

    • 1,017 SF office suite available for lease in Cambridge, MA.
    • Located in the Alewife - Fresh Pond submarket, this suite offers abundant natural light and features an open area with two private offices.
    • Building amenities include elevator access, wheelchair accessibility, renovated bathrooms and showers, and covered parking.
    • Excellent location: 0.5 miles from Alewife T station (Red Line), near bus routes 74 & 78, and surrounded by numerous amenities (Starbucks, Whole Foods, restaurants, CVS, PetSmart, fitness centers).
    • Situated near Fresh Pond, offering nearby parks and recreation. Address: 545 Concord Ave, Cambridge, MA 02138.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ethio Dental Care ... Dental Clinic Malachy A. Shaw-Jones, PSYD Psychologist Ethio Dental Care Cosmetic Dentist Cambridge Neighbors Non-Profit Organization Vast Capital Management ... Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1424770832
    Latitude
    42.388080872455

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    FAQs

    What type of property is this?
    Office Property / Space - Bright, 1,017 sq ft office, Alewife location
    Where is this office property / space located?
    The property is located at 545 Concord Ave Cambridge, MA.
    What are key features of this property?
    This property features: 1,017 SF office suite available for lease in Cambridge, MA.; Located in the Alewife - Fresh Pond submarket, this suite offers abundant natural light and features an open area with two private offices.; Building amenities include elevator access, wheelchair accessibility, renovated bathrooms and showers, and covered parking.
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    545 Concord Ave Cambridge, MA 02138
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    Cambridge, MA 02138
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    Realmo Value Estimation

    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.

    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.

    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
    545 Concord Ave Cambridge, MA 02138
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