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Corner Basement Retail Space
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2 Ellery Unit Basement, Cambridge, MA 02138

Basement corner unit with street frontage and established retail surroundings near Harvard Campus and Central Square.

Space SizeContact for details
Property Size2,335 SF
Days on Market134

Property Features for 2 Ellery Unit Basement

General Information

Standard status Active
Size 2,335 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $999,999

Building Details

Building Size 2,335 SF
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License #9510337
Source: Donnellyandco
Added: Apr 9 Changed: Aug 20 Last Checked: Aug 20 at 5:38AM

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 basement retail unit occupies a corner position at the intersection of Massachusetts Avenue and Ellery Street. The space includes 28 feet of frontage along Ellery Street and is situated within a dense retail setting in Cambridge.

Harvard Campus is located a few blocks away, while Central Square is five blocks from the property. Nearby occupants include Dunkin Donuts, Diki Daycare, Singh's Dhaba, Sushi Kingdom, and Harvard Beauty Spa. Office and retail tenants are also located directly across the street.

Key Highlights

  • Basement retail unit at Massachusetts Avenue and Ellery Street
  • Corner position with 28 feet of frontage on Ellery Street
  • A few blocks from Harvard Campus

Property Analytics

Current Use

Hubba Hubba (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nail Salon Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,602
Businesses Nearby
31k
Monthly Visits Nearby

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

$53.07 /SF/Yr
Avg Asking Price
$35–$70.87 /SF/Yr
Price Range
6,329 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Basement corner unit with street frontage and established retail surroundings near Harvard Campus and Central Square.
Where is this retail space located?
The property is located at 2 Ellery Unit Basement Cambridge, MA.
What are key features of this property?
This property features: Basement retail unit at Massachusetts Avenue and Ellery Street; Corner position with 28 feet of frontage on Ellery Street; A few blocks from Harvard Campus
More about this property
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