345 Trapelo Rd, Belmont, MA 02478-1856
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.
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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.