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231 Bedford St - Mixed Use Property in MBTA Zone 4 Unit Apartment Building Offered at $1,349,000 Lexington, MA 02420

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INVESTMENT HIGHLIGHTS

  • High Visibility
  • Lots of natural sunlight

EXECUTIVE SUMMARY

Discover a unique business opportunity in a highly visible location offering exceptional rental potential. Situated within the desirable MBTA Village Legacy Overlay, this versatile property provides flexibility for a variety of residential or commercial uses. Offering 4 levels of usable space with 4 half baths, this property provides abundant room for multi-functional layouts or multiple tenants. Previously operated as a salon, the space is well-suited for service-based businesses, boutique retail, office use, or conversion to meet your vision. Key updates include a 2015 roof, newer A/C, and the valuable benefit of 15+ parking spaces—perfect for customers, clients, or tenants. With great street visibility and steady local traffic, this centrally located property is ideal for entrepreneurs, investors, or owners seeking a flexible, adaptable space. The possibilities are truly endless—bring your ideas and unlock the full potential of this exceptional opportunity.

PROPERTY FACTS

Price $1,349,000
Price Per Unit $337,250
Sale Type Investment
No. Units 4
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Size 3,902 SF
Average Occupancy 0%
No. Stories 4
Year Built 1886

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Washer/Dryer Hookup
  • Bay Window
  • Tile Floors
  • Basement

SITE AMENITIES

  • Multi Use Room
  • Public Transportation

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LEXI-000071-000000-000033
Land Assessment
$454,000
Improvements Assessment
$274,000
Total Assessment
$728,000
  • Listing ID: 38555569

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 231 Bedford St, Lexington, MA 02420

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