Lower-Level Office
For Sale
Contact for pricing
Pending
1798A Massachusetts Unit 4, Cambridge, MA 02140
Lower-level suite with reception and two offices, plus shared common area and central A/C.
Property Size350 SF
Days on Market112
Property Features for 1798A Massachusetts Unit 4
General Information
Standard status
Pending
Size
350 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Lock and Key Realty
Listed By:
Jordan Healy
(413) 717-0635
Source:
Lockandkeyre
Added: Jul 3
Changed: Oct 21
Last Checked: Oct 20 at 9:31PM
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 Lock and Key Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This lower-level office suite offers approximately 350 s.f. of private space, along with 900+ s.f. of shared common area that includes a waiting area and men’s and women’s restrooms. The layout includes a spacious reception area and either two offices or an office and a conference room. Central A/C is in place.
The premises are located in the Porter Square area of Cambridge, positioned opposite the T and Lesley University. On-site parking is available for an additional cost.
The space is available September 1, 2026. Rent includes base year taxes and insurance, while the tenant pays a pro rata share of utilities and cleaning, currently estimated at $50 for utilities and $35 per month for cleaning.
The premises are located in the Porter Square area of Cambridge, positioned opposite the T and Lesley University. On-site parking is available for an additional cost.
The space is available September 1, 2026. Rent includes base year taxes and insurance, while the tenant pays a pro rata share of utilities and cleaning, currently estimated at $50 for utilities and $35 per month for cleaning.
Key Highlights
- 1974‑built building with a lower‑level office suite in Porter Square across from Tufts University and Lesley University
- Suite includes reception and 2 offices (or an office and conference room)
- Includes 350 SF of lower‑level office space plus 900+ SF of shared common area with waiting area and men’s and women’s bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,541
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,820
$270.8K
Cap Rate 7%
$193,443
$193.4K
Cap Rate 9%
$150,456
$150.5K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$20.3K $57.96/SF
− Vacancy
−$2.2K −$6.38/SF
EGI
$18.1K $51.58/SF
− OpEx
−$4.5K −$12.90/SF
NOI
$13.5K $38.69/SF
Area
Cambridge, MA
Vacancy
11.00%
Lease Rate
$57.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,820
Cap Rate 7%
$193,443
Cap Rate 9%
$150,456
Alternative Uses
Best Use
Office B
$193.4K
$169.3K – $225.7K
NOI $13,541 @ 7.0% cap · market cap 1,374.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.8K
$236.1K – $314.8K
NOI $18,888 @ 7.0% cap · market cap 1,917.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,491
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Lower-level suite with reception and two offices, plus shared common area and central A/C.
Where is this office unit located?
The property is located at 1798A Massachusetts Unit 4 Cambridge, MA.
What are key features of this property?
This property features: 1974‑built building with a lower‑level office suite in Porter Square across from Tufts University and Lesley University; Suite includes reception and 2 offices (or an office and conference room); Includes 350 SF of lower‑level office space plus 900+ SF of shared common area with waiting area and men’s and women’s bathrooms
