Property profile

90 Leonard St Belmont, MA 02478

OFF-MARKET
Retail properties & Spaces
9,000 SF Built 1962
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Property summary

AI-generated overview

This exceptional property at 90 Leonard St, situated in the vibrant Belmont Center and conveniently located near Alexander Street, offers 9,000 square feet of versatile space. The building, constructed in 1962 and extensively renovated in 2020, features a single-tenant occupancy in a traditional office style. The space is currently configured as 600 square feet of street-level office or retail space, ideal for a variety of businesses. The building itself is a two-story structure with a total of 9,000 square feet. While there are no on-site parking spaces, the convenient location offers easy access to public transportation and ample street parking. The property is zoned LB1 within Middlesex County, providing flexibility for various commercial uses. This presents a unique opportunity to acquire a well-maintained, updated property in a highly desirable location. The recent renovations ensure modern amenities and functionality, making it an attractive option for businesses seeking a move-in ready space. The single-tenant occupancy provides simplicity and control, while the street-level access ensures high visibility and accessibility for customers. This property is ready for immediate occupancy and offers a strong return on investment.

Property profile

Verified
Property type Retail properties & 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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Location

90 Leonard St Belmont, MA 02478
Belmont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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