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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



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 | Building Size | 3,902 SF |
| Price Per Unit | $337,250 | Average Occupancy | 0% |
| Sale Type | Investment | No. Stories | 4 |
| No. Units | 4 | Year Built | 1886 |
| Property Type |
| Price | $1,349,000 |
| Price Per Unit | $337,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| 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
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PROPERTY TAXES
| Parcel Number | LEXI-000071-000000-000033 | Improvements Assessment | $274,000 |
| Land Assessment | $454,000 | Total Assessment | $728,000 |
PROPERTY TAXES
Parcel Number
LEXI-000071-000000-000033
Land Assessment
$454,000
Improvements Assessment
$274,000
Total Assessment
$728,000
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231 Bedford St - Mixed Use Property in MBTA Zone
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