For Sale
Call for price

334 Pleasant StBelmont, MA 02478

Multi-tenant flex space, 100% occupied, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 11,500 square foot multi-tenant flex space located at 334 Pleasant Street in Belmont, Massachusetts. The property, classified as Class C, boasts a 0.47% cap rate and a substantial net operating income (NOI) of $195,776.23. Currently 100% occupied across four units, this two-story building offers a stable income stream with multiple short-term leases, presenting an excellent opportunity for both owner-users and investors. Built in 1980, the property sits on a 0.33-acre lot and includes 15 parking spaces. Its convenient location just off Route 2 provides easy access to major transportation arteries. The property's flexible space is ideal for a variety of uses, making it a highly desirable asset in the competitive Belmont market. The building's strong occupancy rate and positive cash flow make it an attractive investment prospect with significant potential for future growth. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a prime location.

Highlights

  • Short-term leases offer strong user or investor appeal.
  • Fully leased multi-tenant building.
  • Convenient Route 2 location.
  • Multiple short-term leases present a compelling user or investment opportunity.

Property Details for 334 Pleasant St

Property type
Retail properties, Industrial properties
Square Feet
11,500 SF
Class
C
Year Built
1980
Stories
2
Lot Size (sq. ft)
14,375 SF
Units
4

Location Insight

City
Belmont
County
Middlesex
State
Massachusetts
Latitude
42.4039382
Longitude
-71.1658271
334 Pleasant St, Belmont, Massachusetts

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
334 Pleasant St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message