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376 Massachusetts Ave 5,773 SF 100% Leased Office Building Arlington, MA 02474 $2,395,000 ($414.86/SF)



EXECUTIVE SUMMARY
Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office suite with a separate entrance and private bath is perfect for professionals or small business use. The grand first-floor entryway welcomes you into a beautifully updated 2-bedroom apartment with over five rooms, while the lower level offers untapped potential for expansion or additional functionality. At the rear of the property, a parking area and oversized barn provide ample storage and exciting renovation opportunities. Seller may offer some form of concessions or compensation.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,773 SF
Building Class
B
Year Built
1900
Price
$2,395,000
Price Per SF
$414.86
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,924 SF
Building FAR
0.83
Lot Size
0.16 AC
Zoning
C - Office Building
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Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | ARLI-000010-000004-000001A | Improvements Assessment | $1,311,700 |
| Land Assessment | $889,200 | Total Assessment | $2,200,900 |
PROPERTY TAXES
Parcel Number
ARLI-000010-000004-000001A
Land Assessment
$889,200
Improvements Assessment
$1,311,700
Total Assessment
$2,200,900
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376 Massachusetts Ave
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