74 Bedford StLexington, MA 02420

Property Details for 74 Bedford St

Year built

1986

Lot size

0.02 AC

Property size (Sq ft)

1,012 SF

Zone code

CRS

Property type

Commercial real estate

APN

LEXI M:0057 L:080-1A

APU

LEXIM0057L0801A

Description

This exceptional three-story, 40,000-square-foot Class B office building, located in Lexington, Middlesex County, presents a unique single-tenant opportunity. Constructed in 1985 and extensively renovated in 2021, the property boasts a modern aesthetic while retaining its classic charm. The building features a total of 40,000 square feet across three stories, with a single tenant currently occupying 1,940 square feet. The available space offers a flexible layout ideal for a variety of business needs. Key features include eight private offices, four bathrooms, and two well-appointed conference rooms, perfect for collaborative work and client meetings. The building's location near Worthen Street provides excellent accessibility and visibility. While the basement offers storage space, it is not included in the current lease. This property represents a compelling investment opportunity in a thriving Lexington location, offering a blend of classic architecture and modern functionality. The 2021 renovation ensures modern amenities and systems are in place, minimizing future capital expenditure needs. The single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to acquire a well-maintained, updated office building in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $191,510

  Hospitality

  $175,422

  Educational

  $145,949

  Medical

  $150,969

  Retail

  $227,032

Location Insight

City

Lexington

County

Middlesex

State

Massachusetts

Latitude

42.4538

Longitude

-71.2334

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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