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    OFF-MARKET
    Office Spaces

    84 Leonard St, Belmont, MA 02478

    9,000 SF Built 1962
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-tenant office building, located at 84 Leonard Street in Belmont, Massachusetts, presents a unique investment opportunity. The property boasts a total of 9,000 square feet across two stories, situated on a lot conveniently located near the intersection of Leonard Street and Alexander Street. Built in 1962 and extensively renovated in 2020, this traditional office building offers modern amenities within a classic structure. The building is zoned LB1, ensuring flexibility for a variety of professional uses. Middlesex County location provides easy access to major transportation routes and a thriving business community. The property's single-tenant occupancy simplifies management, while the recent renovations ensure a contemporary and efficient workspace. Utilities are included in the rental rate, minimizing operational costs for the tenant. This 9,000 square foot building offers a substantial footprint for a business seeking to establish a strong presence in the desirable Belmont Center area. The 02478 zip code offers a highly sought-after address. This is an excellent opportunity to acquire a well-maintained, updated office building in a prime location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1962
    Total area 9,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Leon and Co Hair Salon Nail Salon
    • Seraderian Dental Group Dental Office
    • Leading Edge Real Estate Real Estate Agency
    • Q.E.D. Systems Consultant
    • Juliet Jenkins REALTOR at Leading Edge Real Estate Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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