Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Marrett Square 313-321 Marrett Rd 9,376 SF 100% Leased Retail Building Lexington, MA 02421 $5,444,088 CAD ($580.64 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

JUST RE-LISTED 10/10/25 - The Mega Group has been retained on an exclusive basis to present Marrett Square Shopping Center, a twelve (12) unit retail / commercial investment opportunity located in historic Lexington Massachusetts. Location is at the junction of Marrett Road (Route 2A) and Waltham Street, near Belmont Country Club and the City of Waltham. The subject property is 10,596 +/- square feet in size, anchored by Anton‘s Cleaners and features an array of tenancies complimentary to the area which include but not limited to Spirit of India, Eppinger Fitness, Royal Pastry, Formosa Taipei, and Boston Nails. Built in 1940, the shopping center is a beautifully manicured 24,437 +/- square foot corner parcel and is accessible by two (2) means of egress from both traffic directions and features 35 on-site parking spaces.
The subject property is strategically positioned at a four-way signalized intersection, just minutes from Route 2, Route 128/95, and Trapelo Road Waltham. Lexington Lexpress is right up the street on 39 Marrett Road.
Marrett Square Shopping Center is a generational asset available for immediate acquisition offered on an unpriced basis. Additional due-diligence materials are available for qualified buyers by email request or in the Private Client Network of our website.
Buyers to compensate their Buyer's Agent, if applicable.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,376 SF
Building Class
B
Year Built
1940
Price
$5,444,088 CAD
Price Per SF
$580.64 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.38 AC
Zoning
CN, Lexington - Neighborhood Business
Parking
18 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
68’ on Route 2A

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Get In Shape For Women
Fitness Together
Webster Bank
Citizens Bank
Peet's Coffee
Rockland Trust Bank
Cambridge Trust Company
Bank of America
Cambridge Savings Bank
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LEXI-000032-000000-000056
Land Assessment
$844,656 CAD
Improvements Assessment
$1,957,233 CAD
Total Assessment
$2,801,889 CAD
  • Listing ID: 35998275

  • Date on Market: 2025-05-27

  • Last Updated:

  • Address: 313-321 Marrett Rd, Lexington, MA 02421

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}