Cambridge Development Site For
For Sale
$6,700,000
124 Jackson Street, Cambridge, MA 02140
12,000 SF development site in Cambridge's Alewife neighborhood.
Property SizeContact for details
Days on Market458
Property Features for 124 Jackson Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$9
Listing Agency:
Cushman & Wakefield
Listed By:
Christopher Sower · License #9052376
(617) 330-6966
Source:
Corcoran
Added: Jun 3, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
Located at 124 Jackson Street in the Alewife neighborhood of Cambridge, Massachusetts, this property is a 12,000 square foot development site. The existing zoning allows for a building height of up to 6 stories (74 feet), potentially yielding 56,700+ square feet of gross square footage. Situated in a dynamic and rapidly evolving submarket of Greater Boston, the property benefits from its proximity to Alewife Station on the MBTA Red Line, major thoroughfares such as Route 2 and I-95/128, and various commercial, academic, and life sciences hubs. This site presents an opportunity for multifamily development in a highly sought-after Cambridge neighborhood.
Key Highlights
- Opportunity for multifamily development in a highly sought‑after Cambridge neighborhood.
- Development site is 12,000 square feet with potential for 56,700 GSF+\/-.
- Existing zoning allows for a building height of up to 6 stories (74’).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,864
Businesses Nearby
Explore this area
Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Commercial land - 12,000 SF development site in Cambridge's Alewife neighborhood.
Where is this commercial land located?
The property is located at 124 Jackson Street Cambridge, MA.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Opportunity for multifamily development in a highly sought‑after Cambridge neighborhood.; Development site is 12,000 square feet with potential for **56,700 GSF+\/-**.; Existing zoning allows for a building height of up to **6 stories (74’)**.
