Cambridge Mixed-Use Development
148 Huron Cambridge, MA 02138
148 Huron, Cambridge, MA, 02138
$8,995,000
For Sale
$8,995,000
Mixed-use property with development potential near Harvard University.
Property Size9,200 SF
Lot Size0.11 Acres
Price / SF$977.72
Days on Market141
Property Features for 148 Huron
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Lot size
- 0.11 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing Agency
Compass
Listed by
Donahue + Greene Group
(413) 584-2900
Source
Mapleandmainrealty
Added: Feb 28 Checked: Jul 16 at 1:23 pm
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 Compass
Investment Insights
Based on property information with market context.
Located near Harvard University, Fresh Pond Recreation, and shopping areas in Cambridge, Massachusetts, 148 Huron Avenue presents a mixed-use investment opportunity. The property includes an existing three-story building with over 9,000 square feet. The building currently features 4,760 square feet of commercial space across two floors, along with three residential spaces on the second and third floors. The third level includes a luxury SOHO loft-style space with a spa-like area. The parcel also includes over 5,000 square feet of land available for development. The existing building is just over 9,000 square feet, and there is the ability to build new units below the Inclusions Zone at 9,999 square feet, providing approximately 19,000 square feet. This property is suited for investors and developers looking to capitalize on the location and development potential.
Key Highlights
- Prime location near Harvard University, Fresh Pond Recreation, and shopping areas.
- Significant development potential with over 5,000 square feet of land available.
- Existing three‑story building with over 9,000 square feet of space.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $533.2k | $57.96 |
| − Vacancy | −$58.7k | −$6.38 |
| EGI | $474.6k | $51.58 |
| − OpEx | −$118.6k | −$12.90 |
| NOI | $355.9k | $38.69 |
9,200 SF · lease $57.96/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.08M
$4.45M – $5.93M
NOI $355,932 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$3.08M
$2.70M – $3.59M
NOI $215,677 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$7.09M
$6.21M – $8.27M
NOI $496,493 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with development potential near Harvard University.
Where is this mixed-use property located?
The property is located at 148 Huron Cambridge, MA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Prime location near Harvard University, Fresh Pond Recreation, and shopping areas.; Significant development potential with over 5,000 square feet of land available.; Existing three‑story building with over 9,000 square feet of space.
