1792 Massachusetts Ave
Lexington, MAAbout the Property
Mixed Use Asset
Colliers is pleased to present a generational opportunity to acquire 1792 Massachusetts Avenue, a prime mixed-use asset in the heart of historic Lexington Center, one of New England’s most desirable suburbs. This ~31,000 SF property, comprising retail, office, apartments, and a movie theater across three buildings on an ~18,500 SF lot, offers unparalleled positioning. Enjoy direct access to the Minuteman Commuter Bike Way and swift connections to Route 2, I-95, and key innovation hubs like Kendall Square and Downtown Boston (10 miles). Capitalize on significant upside potential through under-market rents and the recent MBTA Communities MFO Overlay, allowing for five-story multifamily or mixed-use development. With the $662 million Lexington High School redevelopment in its planning stages and strong demand for housing, this is an attractive investment in a thriving community.
Property Information
Lot Size: 0.43 acres/18,757 SF
Buildings: 3
Gross SF: 30,648
Rentable SF: 18,720
Occupancy: 14
Zoning: MFO
Frontage: 138 Ft
Parking: 9
1792-1798 Mass Ave
Year Built: 1930
Gross SF:7,043 SF
Rentable SF: 4,548 SF
Stories: 2
Occupancy: 5
Exterior: Brick
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