476 Bedford St - Health Care FOR SALE


Lexington, MA 02420- North Lexington
$1,515,000 USD
203-404-4088
476 Bedford St, Lexington, MA for Sale
$1,515,000 USD
Health Care - FOR SALE
1/5
null | 6.65% Cap Rate

476 Bedford St
Lexington, MA 02420
North Lexington


HIGHLIGHTS

  • Situated on a 0.63-acre lot in Middlesex County with zoning classified as CM (Commercial).
  • Conveniently located along Bedford Street, providing strong visibility and accessibility within the Lexington area.
  • Proximity to major roadways, including Route 128/I-95, enhancing regional connectivity for patients and staff.
  • Located near established residential neighborhoods and within a short distance to Lexington’s town center amenities.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,515,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lexington-Bedford Veterinary Hospital

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

CM

APN/PARCEL ID

LEXI-000084-000000-000069

ASK ABOUT THIS PROPERTY

Charles RichGreysteelMore Info
203-404-4088

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Charles RichGreysteelMore Info
203-404-4088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.