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    Turnkey Fitness and Yoga Studio Title is generated by Realmo AI

    350 Massachusetts Ave, Cambridge, MA 02139

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    New
    For Lease
    $42 SF/Yr $3,150/Mo (calc)

    Turnkey space with exterior access, large windows, and street visibility, with most utilities included for flexible occupancy.

    Property size:
    900 SF
    Added:
    Jun 4, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:20 am

    Property Features for 350 Massachusetts Ave

    General Information

    Standard status
    Active
    Size
    900 SF

    Building Details

    Year Built
    1998

    We can help!

    Listing Contact
    Peter Castrichini

    Listing agent Peter Castrichini

    Listing office Barry Realty Group

    Listing date Jun 4, 2026

    Source 413realestate

    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 Barry Realty Group

    HighLights

    • Year built 1998 building with exterior access, large windows, and street visibility
    • Currently built out as a yoga studio connected to a larger workout facility
    • Option to arrange gym access/memberships with lease, membership, or similar terms
    • Fully built‑out space to be provided open, described as turnkey
    • Lease includes all utilities except wireless/internet access
    • Flexible initial lease term sought: 3 to 5 years with options available

    Overview

    This fully built-out, open space is delivered turnkey and suited for a yoga studio that is connected to a larger workout facility. The layout includes exterior access and large windows designed to provide street-facing presence. The space is currently configured for yoga, with the option to support gym access and memberships as part of the lease arrangement.

    The property is located on Massachusetts Avenue in Cambridge, close to a train stop and with garage parking nearby. The combination of exterior entry and street visibility is intended to support day-to-day customer flow and visibility from the roadway.

    For tenants seeking a ready-to-operate fitness concept, or for office use that benefits from an established, street-visible environment, the space offers an efficient start without buildout delays. Utilities are included except for wireless and internet access. The landlord is seeking an initial term of approximately 3 to 5 years, with options available as preferred terms, allowing flexibility for start-ups or organizations expanding into central Cambridge.
    Location Intelligence

    Current Use by Public Records

    Sanctuary by VIM Gym & Fitness Center VIM Pilates Gym & Fitness Center Avis Car Rental Car Rental Facility Budget Car Rental Car Rental Facility Trade Access Inc International Trade Consultant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Magazine Beach Outdoor Gym — Dr Paul Dudley White Bike Path, Cambridge, MA 02139
    • MASS CALISTHENICS — 668 Memorial Dr, Cambridge, MA 02139
    • Best Body Project — 154 magazine st #21, cambridge, ma 02139
    • Magazine Street Jungle Gym — Dr Paul Dudley White Bike Path, Cambridge, MA 02139
    • MIT Rugby Football Club — CAMB-58, #158, Cambridge, MA 02139

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0995093
    Latitude
    42.362742

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    FAQs

    What type of property is this?
    Fitness center & gym - Turnkey space with exterior access, large windows, and street visibility, with most utilities included for flexible occupancy.
    Where is this fitness center & gym located?
    The property is located at 350 Massachusetts Ave Cambridge, MA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: Year built 1998 building with exterior access, large windows, and street visibility; Currently built out as a yoga studio connected to a larger workout facility; Option to arrange gym access/memberships with lease, membership, or similar terms
    We can help!
    Listing Contact
    Peter Castrichini
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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