Active

345 Trapelo Rd

Belmont MA, 02478

$1,800,000


$367.72 per sqft

Active

4 Baths

4,895 sqft

Commercial

Built in 2015

LOCATION! LOCATION! LOCATION! Tenanted with Semi-Net leases in place -tenants pay utilities & maintenance- owner pays taxes & insurance. Entry area & Upstairs is the Cambridge Center for Chinese Culture occupying a total of 2895 OPEN square feet with high ceilings, 4 years left on lease with an option to renew for 5 more years. (May be possible to vacate tenant) Remodeled in 2015 to include hardwood floors, acoustic ceiling with built in sound system and recess lighting. Central air and a handicap elevator - lift. Grand wide stairs lead up to the unit. with 2 bathrooms, Storage and office space included. Downstairs is a food laboratory VERY long-term tenant with 7 years remaining and would like to stay. Comes with storage area, 2 offices & 2 more bathrooms. Amazing location 2 doors down from Dunkin Donuts close to public transportation. Owner is looking to 1031 ASAP, already has another property under agreement.

73288172

MLS ID

September 11, 2024

Listed

September 16, 2024

Updated

Map

345 Trapelo Rd
Belmont MA, 02478

Interior Features

Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres

Other Property Details

Taxes

$9,303


Tax Frequency

Annually


Garage

No


Parking Total

3


View

No


County

Middlesex


Pool

No


Zoning

LB3

 

Courtesy of Oren Mael, Sapphire Real Estate

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Data last updated 9:23 PM UTC, 9/16/2024

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