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    Property profile & analytics
    OFF-MARKET
    Retail space

    334 Pleasant St, Belmont, MA 02478-3250

    0.33 ac lot
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US38-0451030
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.33 ac (14,420 SF)
    Zoning code LB3
    APN BELM M:45 P:000044 S:
    UPID US38-0451030
    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
    • Polzella Colin Dental Office
    • Paul Callahan Dental Prosthetics Dental Office
    • Loud Dope Recording Studio Recording Studio
    • Restoration Project Nonprofit Program & Thrift Store Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    334 Pleasant LLC · 10 yrs held
    334 Pleasant LLC
    since 2015
    7 recorded transactions
    2025
    2023
    2021
    2017
    2015
    $1.9M
    2015
    1988
    $1.0M
    Zoning & alternative use
    LB3 · Belmont, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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