Commercial Sale at 171 Belmont St, Belmont MA 02478, Belmont
Commercial Sale at 171 Belmont St, Belmont MA 02478, Belmont, photo 2 of 11
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11 photos

$2,900,000

171 Belmont St, Belmont MA 02478
Belmont, MA 02478
Listed by Albert Bouchie
Bedrooms
N/A
Bathrooms
N/A
Living area
2,696 sqft
Year built
1930

About this home

FOR SALE Gibson Commercial is presenting a property Portfolio consisting of multifamily (3 units) and commercial retail /office property (3 units). Property is being sold as a portfolio and not individually. These abutting properties are located at 5 Marlboro St ( MLS #) & 171-173 Belmont St ( MLS#) in Belmont, Ma. This portfolio offers a combined 6,363 Sf area in place of combined living/office/ retail area, situated on an 8,180 sq ft lot. The versatile configuration includes a 3-family residential building and a 3-unit retail/office building, providing dynamic investment potential . The properties are abutting and sit in the new 1-A and MZOD4 in the MBTA 3A zoning as outlined by Town of Belmont. This zoning allows for a multitude of possibilities for potential repositioning or expansion. Situated in the sought-after Belmont -Cambridge area, this property has short- and long-term potential for growth due to below market rents and the as of right aspects provided in the new zoning designation. This site is perfect for residential reposition. This strategic location offers an attractive project for astute investors and developers looking to make a statement in the thriving Belmont real estate market, which is encouraging housing development.

Property details

MLS #
73572651
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
17
On market date
September 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.07 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Haggerty
0.28 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
236
Student:teacher ratio
8.4:1
District
Cambridge
Middle
Winthrop L Chenery Middle
0.99 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,362
Student:teacher ratio
15.8:1
District
Belmont
High
Watertown High
1.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
705
Student:teacher ratio
9.5:1
District
Watertown

Walkability

Blended score for Belmont's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.3 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Belmont, from live MLS data.

On the market 17 days -- 67 fewer days than Belmont's current average of 84 days.
For reference, the median list price across 191 active listings in Belmont right now is $824,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$17,614/mo
$580,000 down
$2,320,000 loan
Principal & interest$15,047
Property tax (est.)$2,417
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.