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$ 950,000
Est. payment | /mo
2,613 Sqft Lot
$ 950,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73494864
HOA Y/N false
Year Built 1970
Annual Tax Amount $10,912
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Description
RECENT PRICE REDCUATION!Seeking a project or a new location for your business? 113 Belmont Street in Belmont offers a strong opportunity. This 1,840 SF, three-story building includes eight versatile units and enduring 1970 construction. Zoned LB3, the property provides flexibility for a range of uses, making it well suited for office or medical investment. Mandatory Mixed-Use Subdistrict 4 (MXDZ4) under LB3 zoning also allows potential mixed-use repositioning, with commercial use on the first floor and residential use on the upper floors. Corner lot location allows for expansion of current foot print. The property offers owner-user occupancy potential, room for growth, and value-add development opportunities. Do not miss the chance to meet strong market demand for commercial space with this well-positioned property with reposition value.
Location
State MA
County Middlesex
Zoning LB3
Direction GPS
Exterior
Utilities Available Public Water
Roof Type Asphalt/Composition Shingles
Others
Senior Community false
Listed by Gibson CRE
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