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    OFF-MARKET
    Office buildings

    345 Trapelo Rd, Belmont, MA 02478-1856

    2,895 SF 0.11 ac lot
    Individually Owned 12-yr Hold Free & Clear
    Property ID
    US38-2363192
    Property summary
    AI-generated overview

    This exceptional Belmont commercial property, located at 345 Trapelo Road, presents a lucrative investment opportunity. The building boasts a total of 2,895 square feet of open space, featuring high ceilings, hardwood floors, and a modern aesthetic achieved through a 2015 remodel. Upgrades include an acoustic ceiling with built-in sound system, recessed lighting, central air conditioning, and a convenient handicap-accessible elevator/lift. The main level, currently vacant and available for lease, offers an estimated rental income of $6,500 per month on a triple-net (NNN) lease. This space features grand wide stairs leading to the upper unit, two handicap-accessible bathrooms, and ample storage and office space. The lower level is occupied by a long-term tenant (food laboratory) under a semi-net lease, with seven years remaining on their lease. This tenant is responsible for utilities and maintenance, while the owner covers taxes and insurance. The lower level also includes a dedicated storage area, two offices, and two additional bathrooms. The property sits on a 0.11-acre lot in a highly desirable location, just two doors from a Dunkin' Donuts and conveniently close to public transportation. This combination of strong existing tenancy, high rental potential, and prime location makes this a truly exceptional investment opportunity. The asking price is $1,799,999.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 2,895 SF
    Lot 0.11 ac (4,712 SF)
    Zoning code LB3
    APN BELM M:14 P:000065 S:
    UPID US38-2363192
    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
    • Huan's Tai Chi and Kung Fu - Belmont Sports School
    • Analytical Testing Laboratory Laboratory
    • Little Wagon Early Care & Education Center High School Daycare Center
    • Cambridge Center for Chinese Culture Charitable Organization Social Service Agency
    • Belmont Karate Gym & Fitness Center
    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
    J Zohar Stavropoulos Ret · 12 yrs held
    J Zohar Stavropoulos Ret
    since 2014
    2 recorded transactions
    2014
    2008
    $580,000
    Zoning & alternative use
    LB3 · Belmont, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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