345 Trapelo Rd Belmont, MA 02478

Property Details for 345 Trapelo Rd

Lot size

0.11 lot acres

Property size

2,895 SF

Zone code

LB3

Property type

Office buildings

APN

BELM M:14 P:000065 S:

APU

BELMM14P000065S

Description

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.

Location Insight

City

Belmont

County

Middlesex

State

Massachusetts

Longitude

-71.1829

Latitude

42.3853

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments