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9 Meriam St
Lexington, MA 02420 Downtown Lexington

$198,000 USD

Loft Creative Space Condo For Sale  •  326 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 12,500 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1966
  • Tenancy Multiple
  • Zoning CB3
37 Transit Score
83 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 17 Office 326 SF $198,000 USD
  • Unit Size: 326 SF
  • Condo Use: Office
  • Price: $198,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $607.36 USD
Description
Beautifully renovated first-floor office condominium located in the historic Adams Building in the heart of Lexington Center.

This 326 SF office condo features high ceilings, abundant natural light, and modern finishes throughout. The space provides a welcoming and professional atmosphere ideal for therapists, consultants, or small businesses. The unit has undergone an extensive renovation exceeding $60,000, including upgraded flooring, new lighting, and refined interior décor, creating a bright and efficient workspace ready for immediate use.

Part of a well-managed professional condominium association with shared restrooms and one dedicated parking lot space, this property offers both historic charm and modern functionality.

Conveniently located within walking distance to Lexington Common, local shops, cafés, and restaurants, with easy access to Route 2 and I-95 (Route 128).

Sale Notes
Turnkey Investment Opportunity
Currently leased at $1,100/month with 5% annual rent growth. Stable tenancy provides consistent cash flow and minimal management needs.
Extensively Renovated
Over $60,000 in high-quality upgrades, including new flooring, lighting, and complete interior finishes. The unit is modern, bright, and ready for immediate occupancy.

Attractive Returns
A solid, low-maintenance investment in a high-demand market.

?? Prime Lexington Center Location
Located in the historic Adams Building, steps away from Lexington Common, restaurants, cafés, and boutique shops. Excellent accessibility to Route 2 and I-95 (Route 128).

??? Ample Parking Available
Convenient access to an on-site parking lot and nearby public parking, ensuring easy access for tenants and visitors.

 Low Operating Costs
Monthly HOA fee of $161.60 and low property taxes provide a cost-efficient ownership structure.
There are no additional maintenance expenses, and the HOA handles repairs promptly and efficiently, keeping ownership simple and worry-free.

Professional Office Environment
Part of a well-managed professional condominium association with shared restrooms and stable occupancy.

Flexible Use Options
Ideal for owner-users or long-term investors. Easy to lease, easy to maintain, and located in one of Greater Boston’s most desirable suburban markets.

Description

The Adams Building is a well-maintained, two-story professional office condominium located in the heart of Lexington Center.

Originally constructed in 1966 and updated in 2024, the building features reinforced concrete construction, high ceilings, and abundant natural light.

The property offers multiple small professional offices, shared amenities, and an ample on-site parking lot with over 20 spaces, as well as convenient nearby public parking.

Situated steps from Lexington Common, restaurants, cafés, and boutique shops, with easy access to Route 2 and I-95 (Route 128).

Highlights

Strong investment with stable tenant and 5% annual rent growth
Low operating costs – no maintenance expenses, efficient HOA
Over $60,000 in recent renovations – modern and move-in ready
Easy access to Route 2 and I-95 (Route 128)
Prime Lexington Center location – walk to shops, cafés, and restaurants
Ample shared parking lot with 20+ spaces available

Amenities

  • 24 Hour Access
  • Storage Space
  • Car Charging Station
  • Air Conditioning
  • Smoke Detector
  • Backup Power / Generators

Public Transportation

Commuter RailDriveWalkDistance
Belmont Center (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 10 min - 5.2 mi
Wedgemere (Lowell Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 12 min - 6.3 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 29 min - 15.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Lily Wei 781-530-6857 North America Real Estate Holding LLC
Lily Wei 781-530-6857 North America Real Estate Holding LLC