Cambridge Storefront on Concord
For Sale
Contact for pricing
489 Concord Ave, Cambridge, MA 02138
Adaptable commercial space in Cambridge's Observatory Hill neighborhood.
Property Size3,611 SF
Price / SF$69.23
Days on Market261
Property Features for 489 Concord Ave
General Information
Standard status
Active
Size
3,611 SF
Class
B
Property subtype
Business for Sale
Zoning
IA1
Building Details
Year Built
1860
Stories
3
Units
1
Listing Agency:
eXp Commercial - The Prosperity Group
Listed By:
The Prosperity Group at eXp Commercial · License #9559190
Source:
Crexi
Added: Dec 2, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:41AM
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 eXp Commercial - The Prosperity Group
Investment Insights
Based on property information with market context.
This commercial storefront is located on Concord Avenue in Cambridge's Observatory Hill neighborhood. The property offers approximately 4,385 square feet of adaptable space with a flexible retail configuration, large storefront windows, abundant natural light, and an efficient interior layout. The property is suitable for a wide range of future uses. Its IA-1 zoning, private lot with approximately 10 parking spaces, and high-visibility frontage make it ideal for redevelopment or repositioning as boutique retail, wellness, office, or mixed-use space. The property is surrounded by a dense residential population, complementary neighborhood amenities, and excellent public transit access, benefiting from consistent foot and vehicle traffic. The property size is 3,611 square feet.
Key Highlights
- High‑visibility frontage on Concord Avenue in the desirable Observatory Hill neighborhood of Cambridge.
- Approximately 4,385 square feet of adaptable space with a flexible retail configuration.
- IA‑1 zoning allows for redevelopment or repositioning as boutique retail, wellness, office, or mixed‑use space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
163k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 29%
Dining 13%
Office Supplies 10%
Whole Foods Market
Groceries
40,853 visits/mo
0.2 miles
Trader Joe's
Groceries
29,867 visits/mo
0.3 miles
Staples
Office Supplies
16,781 visits/mo
0.3 miles
PetSmart
Shops & Services
15,263 visits/mo
0.3 miles
Dunkin' Donuts
Dining
13,557 visits/mo
0.2 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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Habib — 1393 hinkle lake road, cambridge, ma 02138
- Hanaya Floral Design — 350 Huron Ave, Cambridge, MA 02138
- florist — 77 New St, Cambridge, MA 02138
- LauraJean Floral & Design — 270 Concord Ave, Cambridge, MA 02138
Frequently Asked Questions
What type of property is this?
Storefront property - Adaptable commercial space in Cambridge's Observatory Hill neighborhood.
Where is this storefront property located?
The property is located at 489 Concord Ave Cambridge, MA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High‑visibility frontage on Concord Avenue in the desirable Observatory Hill neighborhood of Cambridge.; Approximately 4,385 square feet of adaptable space with a flexible retail configuration.; IA‑1 zoning allows for redevelopment or repositioning as boutique retail, wellness, office, or mixed‑use space.
