90 Leonard St, Belmont, MA 02478
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.