1070 Massachusetts Ave A, Arlington, MA 02476-4311
This unique office condominium, situated on Massachusetts Avenue in Arlington, MA, presents a fantastic opportunity for lease or purchase. Located on the third floor of a small building, this 1500 square foot space boasts a desirable layout including two large offices, one smaller office, and a spacious hallway. A convenient half-bath is also included. The unit benefits from central air conditioning and comes with one designated open parking space. Recent upgrades include fresh paint, new carpeting, and a remodeled half-bath. The flexible space is ideal for a variety of professional uses, such as a therapist's office, photography studio, law office, or a burgeoning startup. The asking price for purchase is $1500. Alternatively, the property is available for lease at a monthly rate of $1500, with utilities paid by the tenant. Currently vacant, this property offers immediate occupancy. The property is an "Other" property type. The lot size is 0 acres.
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Avenue Appraisal Co Real Estate Agency
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Richard S Moskow Associates Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
R6 · Arlington, MAArlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.