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31439416
31439415

113 Belmont St, Belmont, MA 02478

AB
MA 9522540, MA 9452540
Gibson Commercial
Listed by Gibson Commercial
$995,000
64 days on market
Updated 56 days ago

113 Belmont St

Details
Property Type Office
Sub Type Traditional Office
Square Footage 1,840
Units 8
Tenancy Multi
Price per SqFt $541
Class B
Year Built 1970
Buildings 1
Lot Size (SqFt) 2,450
Zoning LB3
Parking Spaces 5 spaces
Parking Per SqFt 2.72
Investment Type Value Add

Office | 1,840 SqFt

Marketing description

Introducing a prime investment opportunity in the heart of Belmont, MA. This 1,840 SF building, boasting 8 versatile units, presents enduring quality with its 1970 construction. Zoned LB3, this property provides flexibility for a range of usage options, making it an ideal choice for office or medical investment. Additionally, LB3 zoning allows for a potential mixed use reposition with Commercial Use on the first floor and residential on the upper floors. Occupancy potential for user owner for further growth. There is potential for value enhancement through development. Don't miss out on satisfying the strong market demand for commercial space with this well-positioned property.

Investment highlights

- 1,840 gross SF building

- 8 units for versatile leasing options

- Built in 1970 for enduring quality

- Zoned LB3 for potential mixed use reposition

- Prime location in Belmont area

- Potential occupancy for user owner with potential for growth

- Ideal for office or medical investment

- Strong market demand for commercial space

- Potential for value enhancement through development

Listing Contacts

AB
MA 9522540, MA 9452540
Gibson Commercial
Listed by Gibson Commercial

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Additional Information

Name
Albert Bouchie
License
9522540
Brokerage
Gibsons
Brokerage Address
143 Newbury Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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