Office Suite with Private
For Sale
Contact for pricing
2 University Road # 3a, Cambridge, MA 02138
Suite includes 10 offices and meeting rooms plus a shared kitchenette, with a private entrance and outdoor signage possible.
Property Size2,931 SF
Price / SF$0.01
Days on Market205
Property Features for 2 University Road # 3a
General Information
Standard status
Active
Size
2,931 SF
Property subtype
Commercial
Zoning
PUD-1
Lease Type
Gross
Taxes and HOA fees
Annual Taxes
$126,120
Amenities
private entrance
shared kitchenette
Building Details
Building Size
2,931 SF
Year Built
1890
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Patrick Verbeke
(617) 230-3638
Source:
Churchillprop
Added: Apr 12
Changed: Oct 31
Last Checked: Nov 1 at 3:31AM
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 Keller Williams Realty Boston Northwest
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Investment Insights
Based on property information with market context.
2 University Road is an office suite totaling 2,931 SF with 10 offices and meeting rooms, 2 open offices, and a shared kitchenette. The suite is accessed through a private entrance, and outdoor signage is possible. A video tour is available upon request.
The space can be leased separately at 2,931 SF or together with 6 University Road (2,239 SF) for a combined total of 5,170 SF.
Built in 1890, the suite offers a compact mix of private offices, meeting room space, and open office areas supported by shared kitchenette access.
The space can be leased separately at 2,931 SF or together with 6 University Road (2,239 SF) for a combined total of 5,170 SF.
Built in 1890, the suite offers a compact mix of private offices, meeting room space, and open office areas supported by shared kitchenette access.
Key Highlights
- 2,931 SF office suite with 10 offices and meeting rooms
- Includes 2 open offices plus a shared kitchenette
- Private entrance for the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,395
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,267,900
$2.3M
Cap Rate 7%
$1,619,929
$1.6M
Cap Rate 9%
$1,259,944
$1.3M
Market Conditions
NOI Build-Up for 2,931 SF
Gross rent
$169.9K $57.96/SF
− Vacancy
−$18.7K −$6.38/SF
EGI
$151.2K $51.58/SF
− OpEx
−$37.8K −$12.90/SF
NOI
$113.4K $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%
$2,267,900
Cap Rate 7%
$1,619,929
Cap Rate 9%
$1,259,944
Alternative Uses
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,395 @ 7.0% cap · market cap 290,756.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,176 @ 7.0% cap · market cap 405,579.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,496
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Suite includes 10 offices and meeting rooms plus a shared kitchenette, with a private entrance and outdoor signage possible.
Where is this office unit located?
The property is located at 2 University Road # 3a Cambridge, MA.
What are key features of this property?
This property features: 2,931 SF office suite with 10 offices and meeting rooms; Includes 2 open offices plus a shared kitchenette; Private entrance for the suite
