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Property profile & analytics
OFF-MARKET
Office Spaces

1775 Massachusetts Ave Lexington, MA 02420

Property ID
Property summary
AI-generated overview

This exceptional 2,020 square foot office condo, located on the second floor at 1775 Massachusetts Avenue, Suite 3, in Lexington, Massachusetts, presents a unique opportunity for both lease and purchase. Currently configured with three distinct areas, two of which are occupied, the available space offers a versatile layout ideal for a variety of professional uses. Features include a spacious open workspace, three private offices, a dedicated conference room, a convenient kitchen area, and ample storage. The suite's location in the heart of Lexington Center provides unparalleled convenience, with easy walking access to a vibrant array of shops, cafes, and restaurants. The property is offered for lease at $3,300 per month plus expenses (approximately 1,100 square feet currently available for lease) and for sale at $725,000. This presents an attractive opportunity for an owner-occupant seeking to generate additional rental income. The property is situated in Middlesex County and is classified as a Traditional Office, Executive Office, Medical Office, and Creative Office space. The tenancy is single. This is a remarkable opportunity to acquire a well-appointed office space in a highly desirable location.

Property profile
Verified
Property type Office Spaces
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
  • Kimberly Gonsalves, Coldwell Banker Lexington Real Estate Agency
  • Fine New England Living at Coldwell Banker Realty Real Estate Agency
  • Charles Ginsberg, greater Boston area Realtor Real Estate Agency
  • Robert Cohen, Coldwell Banker Real Estate Agency
  • Perla Walling, REALTOR Coldwell Banker Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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