83 Newbern AveMedford, MA 02155

  • Showrooms
  • 3,080 SF
For Lease
$15.58/SF/YR View listing

Property Details for 83 Newbern Ave

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.09 AC
Property size (Sq ft)
3,080 SF
Property type
Showrooms
APN
MEDF M:X-08 B:0040
APU
MEDFMX08B0040

Description

This exceptional Medford, MA property at 83 Newbern Avenue offers a unique blend of office and garage space, ideal for a variety of businesses. The 5,480 square foot building is currently entirely vacant and available immediately. Comprising two structures, the property features a generous 2,400 square foot minimum divisible space, allowing for flexibility in tenant needs, up to a maximum contiguous space of 5,480 square feet. The building boasts a desirable 10-12 foot ceiling height. The space is divided approximately 50/50 between finished office space and open garage area. The office area includes four private offices, a reception area, and two restrooms, along with kitchenettes for added convenience. Access to the garage is provided by two drive-in doors, one measuring 11 feet high, and another 10 feet high. The property also includes five total parking spaces. Importantly, the property is zoned GR and located in Middlesex County, situated at the end of a quiet dead-end street. Note that this property is not suitable for auto repair businesses. This versatile property presents a rare opportunity to secure a well-appointed office and garage space in a desirable location. The combination of office and garage space makes it suitable for a variety of uses, offering significant potential for a discerning tenant.

83 Newbern Ave, Medford, Massachusetts

Location Insight

City
Medford
County
Middlesex
State
Massachusetts
Latitude
42.4
Longitude
-71.1108
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,009
$340,600
$208,400
$549,000
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-
-
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