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$ 1,798,000
Est. payment | /mo
2,922 SqFt
$ 1,798,000
Est. payment | /mo
2,922 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,922 sqft
Price per Sqft $615
MLS Listing ID 73367367
HOA Y/N false
Year Built 1900
Annual Tax Amount $11,548
Tax Year 2024
Lot Size 871 Sqft
Acres 0.02
Property Description
Very rare to the market mixed-use property in this prime Cambridge location, just minutes from Kendall Square, MIT, Inman Square, and Lechmere Station. This 3-story brick building features a street-level restaurant and 2 residential units above. All 3 units are Tenant-at-Will and well below market rent, offering exceptional repositioning for rent increases. The restaurant space has excellent visibility along Cambridge Street and tremendous branding potential. Styled as a unique concept like "The Record Room", a nod to its across the street proximity to the Middlesex South Registry of Deeds, the concept could flourish with the tagline: “Where Deals Get Sealed.” Get creative with it and capitalize on this high-yield opportunity! Ideal for restaurant owners or entrepreneurs looking to capitalize on a versatile income-producing property in a high-demand location. Showings by appointment only. Please do not disturb the restaurant tenant. Also listed under Multi-Family MLS #73367367.
Location
State MA
County Middlesex
Zoning BA
Direction Use GPS.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Rubber
Others
Senior Community false
Listed by Mr. Chaddles Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "