Prime Basement Retail in
For Lease
$35 SF/Yr
2 Ellery #Basement, Cambridge, MA 02138
Basement retail space with frontage on Massachusetts Avenue.
Space SizeContact for details
Days on Market129
Property Features for 2 Ellery #Basement
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$999,999
Building Details
Year Built
9999
Listing Agency:
Red Tree Real Estate
(617) 487-8015
Listed By:
Adam Kotkin · License #9510337
Source:
Corcoran
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 6:54AM
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 Red Tree Real Estate
Investment Insights
Based on property information with market context.
This is a unique basement retail space in mid-Cambridge, located at the intersection of Massachusetts Avenue and Ellery Street. The corner unit features 65 feet of store frontage on Massachusetts Avenue and 28 feet of frontage on Ellery Street. Situated just blocks from Harvard Campus and five blocks from Central Square, the 2,335 square foot space is surrounded by retail businesses in a high-density area of Cambridge. Current co-tenants include Dunkin Donuts, Diki Daycare, Singh's Dhaba, Sushi Kingdom, and Harvard Beauty Spa. The property is located directly across the street from leading office and retail tenants.
Key Highlights
- Prime corner location at the intersection of Massachusetts Avenue and Ellery Street in mid‑Cambridge.
- High‑traffic area near Harvard Campus and Central Square.
- Significant store frontage: 65 feet on Massachusetts Avenue and 28 feet on Ellery Street.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,602
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 31%
Dining 21%
Home Improvements & Furnishings 3%
Whole Foods Market
Groceries
14,071 visits/mo
0.4 miles
TD Bank
Shops & Services
4,418 visits/mo
0.4 miles
Citizens Bank
Shops & Services
3,970 visits/mo
0.4 miles
Playa Bowls
Dining
3,379 visits/mo
0.4 miles
Blue Bottle Coffee
Dining
2,529 visits/mo
0.4 miles
Demographics for 02138, MA
37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value
Market
Lease Benchmarks for Cambridge, MA
$50.33 /SF/Yr
Avg Asking Price
$18–$70.87 /SF/Yr
Price Range
6,379 SF
Avg Space Size
This space is priced 30% below the average of $50.33 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Basement retail space with frontage on Massachusetts Avenue.
Where is this retail space located?
The property is located at 2 Ellery #Basement Cambridge, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime corner location at the intersection of Massachusetts Avenue and Ellery Street in mid‑Cambridge.; High‑traffic area near Harvard Campus and Central Square.; Significant store frontage: 65 feet on Massachusetts Avenue and 28 feet on Ellery Street.
