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    OFF-MARKET
    Office Spaces

    1070 Massachusetts Ave A, Arlington, MA 02476-4311

    1,105 SF Built 1984
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0802695
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1984
    Construction FRAME
    Total area 1,105 SF
    Zoning code R6
    APN ARLI M:128.A B:0001 L:1070.A
    UPID US38-0802695
    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
    • Avenue Appraisal Co Real Estate Agency
    • Richard S Moskow Associates Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    1070a Massave LLC · 4 yrs held
    1070a Massave LLC
    since 2021
    Last sale
    $440,000
    2 recorded transactions
    2021
    $440,000
    1989
    Zoning & alternative use
    R6 · Arlington, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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