113 Belmont St, Belmont, MA 02478

Property Description

Exceptional Office, Medical & Mixed-Use Investment Opportunity! Outstanding opportunity for investors, medical professionals, business owners, and developers! Ideally situated on a prominent corner lot near the Cambridge and Watertown lines, this freestanding 1,840-square-foot commercial building features eight individual office suites, two half baths, and five side-by-side off-street parking spaces accessed from Ericsson Street. Currently configured for professional office use, the property offers flexibility for a variety of permitted commercial uses, including medical and professional offices. Zoned Limited Business 3 (LB3) within Mandatory Mixed-Use Subdistrict 4 (MXDZ4), the property presents exciting potential for mixed-use redevelopment, including ground-floor commercial space with residential apartments above, subject to applicable zoning requirements and municipal approvals. The prominent corner lot may also offer opportunities to expand the existing building footprint or explore alternative configurations, subject to setbacks, zoning, and permitting. Whether you're an owner-user seeking a convenient location for your business, an investor looking for rental income, or a developer evaluating future possibilities, this property offers exceptional versatility. Prime Location & Accessibility! Situated directly along the #73 bus route to Harvard Square and approximately one block from the #71 bus route connecting Watertown Square and Harvard Square. Convenient to Mount Auburn Hospital, Harvard Square, Watertown Square, Belmont Center, Fresh Pond, and numerous shopping, dining, and professional services. Easy access to Storrow Drive, Memorial Drive, Route 2, Cambridge, Boston, and surrounding communities. A rare opportunity to acquire a strategically located commercial property offering excellent visibility, convenient parking, existing income potential, and exciting future development possibilities in a highly desirable location!