476 Bedford St - Lexington-Bedford Veterinary Hospital 4,900 SF Health Care Building Offered at $1,515,000 at a 6.65% Cap Rate in Lexington, MA 02420

This two-story health care property, currently operating as the Lexington-Bedford Veterinary Hospital, presents an investment opportunity in the desirable North Lexington area. The building encompasses approximately 4,900 square feet on a 0.63-acre parcel, offering a functional layout for medical or veterinary use. Zoned CM, the property supports a range of commercial medical applications, making it suitable for investors seeking stable income in a specialized asset class.
The property is offered at $1,515,000 with a reported cap rate of 6.65%, reflecting an income-producing investment with potential for long-term value retention. The site benefits from its location along Bedford Street, a well-traveled corridor providing visibility and accessibility to surrounding residential neighborhoods and regional traffic. Proximity to major routes, including I-95/Route 128 and Route 4, enhances connectivity to Greater Boston and nearby employment centers.
With an assessed value exceeding $1 million and improvements designed for health care operations, this asset offers both immediate functionality and adaptability for future use. Investors can leverage the property’s established presence in a growing suburban market with strong demographics and demand for medical services.