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.
Introducing a prime commercial opportunity in Belmont. This 4174 SF building, built in 1960, and reconstructed in 1975 is ideally suited for owner user office or investment. With a strategic location in the dynamic Belmont/Cambridge / Boston market, this property is situated steps from Cushing Square one of three central business districts in Belmont. Direct access to public transportation to Harvard sq is out the front door. Zoned LB-III, the property offers ample parking ,space for customization and expansion in the 4 floors of office space. The property is ideal suited for an owner occupying buyer however investors will find potential for strong NOI growth.
Belmont is located in Massachusetts. Belmont, Massachusetts has a population of 27,056. Belmont is more family-centric than the surrounding county with 45.06% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Belmont, Massachusetts is $151,502. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Belmont is 41.5 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 48.6 inches per year, with 52.5 inches of snow per year.
