334 Pleasant St, Belmont, MA 02478-3250
This exceptional investment opportunity presents a 11,500 square foot multi-tenant flex space located at 334 Pleasant Street in Belmont, Massachusetts. The property, classified as Class C, boasts a 0.47% cap rate and a substantial net operating income (NOI) of $195,776.23. Currently 100% occupied across four units, this two-story building offers a stable income stream with multiple short-term leases, presenting an excellent opportunity for both owner-users and investors. Built in 1980, the property sits on a 0.33-acre lot and includes 15 parking spaces. Its convenient location just off Route 2 provides easy access to major transportation arteries. The property's flexible space is ideal for a variety of uses, making it a highly desirable asset in the competitive Belmont market. The building's strong occupancy rate and positive cash flow make it an attractive investment prospect with significant potential for future growth. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a prime location.
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Restoration Project Nonprofit Program & Thrift Store Discount Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LB3 · Belmont, MABelmont. 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.