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Below-Grade Restaurant Space
For Lease
$18 SF/Yr NNN

296 Green St, Cambridge, MA 02139

Raw commercial space offers C-3 zoning and an NNN lease structure for a tenant-led buildout.

Space SizeContact for details
Days on Market97

Property Features for 296 Green St

General Information

Standard status Active

Building Details

Year Built 1910
Listing Agency: #1 Realty Group
Listed By: Yannis Tsitsas · License #9074818
Source: Livianhomesma
Added: May 28 Changed: Aug 30 Last Checked: Aug 31 at 7:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of #1 Realty Group

Investment Insights

Based on property information with market context.

This below-grade commercial space provides approximately 4,600 square feet within a 50-by-92-foot layout. Delivered in raw condition, the premises allow the tenant to complete the interior buildout. The property carries C-3 zoning and is positioned for restaurant-oriented use, with the source information also identifying entertainment and small-theater concepts as potential applications.

Located at 296 Green Street in Cambridge, the space is steps from Central Square Red Line service and multiple bus routes. The Green Street garage is approximately 450 feet away. The building dates to 1910, and the lease structure is NNN.

Key Highlights

  • Approximately 4,600 SF of below‑grade commercial space
  • 50 feet by 92 feet layout
  • Raw condition supports a tenant‑led buildout

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nail Salon Food Market Grocery & Convenience Store Big Box & Wholesale Store Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,550
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Groceries 29% Shops & Services 24%
McDonald's Dining
16,617 visits/mo 0.2 miles
Whole Foods Market Groceries
14,071 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,688 visits/mo 0.5 miles
Sunoco Shops & Services
4,974 visits/mo 0.4 miles
Citizens Bank Shops & Services
3,970 visits/mo 0.1 miles

Demographics for 02139, MA

39,525
Population
16,930
Households
2.3
Avg Household Size
30
Median Age
78%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
24,703
Density / Sq Mi
$124,648
Median Household Income
$61,025
Median Earnings
$2,613
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Raw commercial space offers C-3 zoning and an NNN lease structure for a tenant-led buildout.
Where is this conventional restaurant located?
The property is located at 296 Green St Cambridge, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 4,600 SF of below‑grade commercial space; 50 feet by 92 feet layout; Raw condition supports a tenant‑led buildout
More about this property
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