62 Massachusetts Ave, Lexington, MA 02420 - Photo 1

1/1

$1,680,000

Sold
Closed
Commercial

1/1

Property Description

Rare opportunity to acquire a profitable, well-maintained 2-unit commercial property in highly desirable Lexington. First time on the market in 18 years! The primary unit is just under 3000 square feet with modern high-end finishes and turn-key dental space with bath/shower bonus. 5 exam areas, lab, etc. One unit is approximately 1100 square feet with a long-term tenant. Perfect for a dental, optical, or medical facility with rental income with the bonus of a prime location on public transportation routes. Easy highway access and excellent visibility in an affluent area with many new construction luxury homes as well as long term businesses such as Walgreens, Dunkin Donuts, Toyota and more. Business is not included but may be available as a separate purchase. Buyer to do due diligence in verifying all data/zoning/use. By appointment only. Please do not enter property/speak with tenants without an appointment.

Full Property Details

Full Property Details for 62 Massachusetts Ave

General

Sold For: $1,680,000
Taxes: $23,663 (2021)
Status: Closed
Type: Commercial
MLS ID: 72909730
Added to Site: 1, 574 day(s) ago

Location

County: Middlesex

Structural Information

Square Feet: 3,992
Year Built: 1950

Lot Features

Lot Size (Acres): 0.14

Financial Considerations

Tax Amount: $23,663
Tax Year: 2021

Disclosures and Reports

Disclosures/Rstr.: Sump pump in driveway drain, buyer to assume tenants. Sale of building/land only. Dental practice not included but is available for separate sale, seller is tenant of one unit. Buyer to do due diligence.
Property ID: M:0013 L:000039, 548087

Listed by Keller Williams Realty Boston Northwest, The Henderson Colarusso Team and Cheryl Colarusso
Sold by 128 Cre, Douglas Adamian

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Listing agents

— 62 Massachusetts Ave —

The Henderson Colarusso Team

Keller Williams Realty Boston Northwest
Cheryl Colarusso

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Schools

Schools serving 62 Massachusetts Ave

School District:Lexington School District

Name	Grades	Distance
Bowman Elementary School 9 Philip Road, Lexington, MA 02421	K-5	1.3 mi
Jonas Clarke Middle School 17 Stedman Road, Lexington, MA 02421	6-8	1.8 mi
Lexington High School 251 Waltham Street, Lexington, MA 02421	9-12	2.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 62 Massachusetts Ave

Date

Details

Price

Change

Source

2/17/2023

Sold

$1,680,000

12%

MLS

9/27/2021

Listed

$1,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

20 Wildwood Dr, Bedford, MA 01730 - Photo 1

Just Listed

$998,000

Open House

20 Wildwood Dr Bedford, MA 01730

Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
3,000
Sq. Ft.

Listed by Diana Jarvis (781) 929-9162

39 Maynard St, Arlington, MA 02474 - Photo 1

Just Listed

$1,399,000

Open House

39 Maynard St Arlington, MA 02474

Multi-Family
Active
Updated 7 hours ago

2
Units
5
Total Beds
0.11
Acres

Listed by Boston RE Group (781) 910-8955

464-460 Massachusetts Ave, Arlington, MA 02474 - Photo 1

Just Listed

$5,200,000

464-460 Massachusetts Ave Arlington, MA 02474

Commercial
Active

Listed by Gary J. Vrotsos (617) 901-7117 and Gary S. Vrotsos (781) 838-1445

147 Claflin St, Belmont, MA 02478 - Photo 1

Just Listed

$1,200,000

147 Claflin St Belmont, MA 02478

Single Family
Active
Updated 7 hours ago

4
Beds
3
Total Baths
1,842
Sq. Ft.

10 Nickerson Rd, Bedford, MA 01730 - Photo 1

10 Nickerson Rd Bedford, MA 01730

Single Family
Active
Updated 22 hours ago

3
Beds
3
Total Baths
2,752
Sq. Ft.

2 Bartlett Ave, Belmont, MA 02478 - Photo 1

2 Bartlett Ave #1 Belmont, MA 02478

Condo
Active
Updated 7 hours ago

3
Beds
3
Total Baths
1,977
Sq. Ft.

18 Overlook Dr, Bedford, MA 01730 - Photo 1

Price Reduced

-$20,000 (-0.91%)

$2,179,000

18 Overlook Dr #1 Bedford, MA 01730

Single Family
Active
Updated 1 day ago

4
Beds
5
Total Baths
4,256
Sq. Ft.

181 Lowell St, Arlington, MA 02474 - Photo 1

Price Reduced

-$24,000 (-1.04%)

$2,275,000

181 Lowell St Arlington, MA 02474

Single Family
Active
Updated 1 day ago

5
Beds
3
Total Baths
3,655
Sq. Ft.

19 Hillcrest Ave, Lexington, MA 02420 - Photo 1

Sold

$1,550,000

19 Hillcrest Ave Lexington, MA 02420

Single Family
Closed

4
Beds
5
Total Baths
3,806
Sq. Ft.

10-12 Spring Rd, Arlington, MA 02476 - Photo 1

Sold

$1,450,000

10-12 Spring Rd Arlington, MA 02476

Multi-Family
Closed

2
Units
6
Total Beds
0.14
Acres

35 Circle Rd, Lexington, MA 02420 - Photo 1

Sold

$1,560,000

35 Circle Rd Lexington, MA 02420

Single Family
Closed

4
Beds
4
Total Baths
2,665
Sq. Ft.

34 Oak St, Lexington, MA 02421 - Photo 1

Sold

$1,790,000

34 Oak St Lexington, MA 02421

Single Family
Closed

5
Beds
4
Total Baths
3,064
Sq. Ft.

62 Massachusetts Ave, Lexington, MA 02420 (MLS# 72909730) is a Commercial property that was sold at $1,680,000 on February 17, 2023. Want to learn more about 62 Massachusetts Ave? Do you have questions about finding other Commercial real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

62 Massachusetts Ave Lexington, MA 02420