72 Leonard StBelmont, MA 02478

Property Details for 72 Leonard St

Lot size

0.23 AC

Zone code

LB1

Property type

Banks

APN

BELM M:34 P:000168 S:

APU

BELMM34P000168S

Description

This exceptional retail opportunity in Belmont, Massachusetts, presents a unique chance to establish a presence in a high-income market. Located at 72 Leonard Street, this freestanding property boasts approximately 2,500 square feet of ground-level space, complemented by a full basement. A key advantage is its exclusive drive-thru capability, a rare feature in downtown Belmont. The property also includes a private parking lot, enhancing customer convenience. The surrounding area demonstrates significant financial strength, with over $1 billion in bank deposits (2022 data) from three existing banks in the immediate vicinity. The average household income within a one-mile radius exceeds $243,000, indicating a strong consumer base with high purchasing power. This single-tenancy property is currently vacant and ready for immediate occupancy, making it an ideal location for a variety of retail businesses, particularly those that would benefit from a drive-thru option. The property's strategic location and unique features make it a compelling investment prospect in a thriving and affluent community. The zip code is 02478.

Location Insight

City

Belmont

County

Middlesex

State

Massachusetts

Latitude

42.398

Longitude

-71.1753

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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