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Price on request
1,910 SF
Asset Class
Office
Size
1,910 SF
Building class
B
Zoning
CO — Commercial Office
$ / SF
—
Occupancy
98%
PRESTON CHARACTER. KING STREET EXPOSURE. PROFESSIONAL OFFICE OPPORTUNITY. A rare opportunity to move into a truly distinctive century home with exceptional King Street exposure, currently operating as a professional law office. Built with the craftsmanship of another era, this impressive property retains an abundance of its original character, including beautiful natural hardwood floors, original windows, stunning fireplaces and grand principal rooms that provide an atmosphere you simply cannot recreate in a modern office building. The main level is currently configured and operating as a law office, offering an opportunity for a professional user to continue with an established office layout. The property’s R5 (CO) zoning permits the usage of a business or professional office. And then there’s the location. King Street East provides outstanding visibility and exposure, with approximately 18,000 vehicles passing the nearby King Street East/Bishop Street North intersection daily — putting your business directly in front of thousands of potential customers and clients every day. The property’s substantial lot, parking and flexible configuration add further appeal. This is more than an office — it’s a piece of Preston history with a prominent King Street presence and an opportunity to bring your business into a property with genuine character. Available January 1, 2027. 1558 King Street East — Come for the location. Stay for the character. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,876 SF | 2028-12 |
Trade area within 3 miles of the property.
Population
117,387
Households
44,665
Median income
$100,000
Median age
44.2
Daytime population
115,743
5-yr growth
1.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1558 KING Street E Unit# MAIN LEVEL, Cambridge.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.