Historic Mixed-Use
For Sale
Contact for pricing
727 Massachusetts Ave, Cambridge, MA 02139
Three-story commercial building with approved office, retail, and apartment-style hotel redevelopment.
Property Size26,000 SF
Days on Market143
Property Features for 727 Massachusetts Ave
General Information
Standard status
Active
Size
26,000 SF
Property subtype
Retail, Multifamily, Office
Building Details
Buildings
1
Stories
3
Building Size
26,000 SF
Listing Agency:
Boston Realty Advisors
(617) 375-7900
Listed By:
Kevin Benzinger · License #MA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:03AM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
The historic Cambridge Gas Light Building is a three-floor commercial property totaling approximately 26,000 SF. Its existing configuration is approved for renovation into 20,000 SF of office and retail space, providing a defined mixed-use redevelopment framework within the current structure.
Approvals also provide for a vertical addition of approximately 34,000 SF, increasing the gross building area to approximately 54,000 SF. The proposed addition includes 36 apartment-style hotel suites with studio, one-bedroom, and two-bedroom configurations, along with kitchenettes, dining areas, and lounges. The property is located at 727 Massachusetts Ave in Central Square, Cambridge, near downtown Boston and world-renowned universities.
Approvals also provide for a vertical addition of approximately 34,000 SF, increasing the gross building area to approximately 54,000 SF. The proposed addition includes 36 apartment-style hotel suites with studio, one-bedroom, and two-bedroom configurations, along with kitchenettes, dining areas, and lounges. The property is located at 727 Massachusetts Ave in Central Square, Cambridge, near downtown Boston and world-renowned universities.
Key Highlights
- Approximately 26,000 SF historic commercial building
- Approved renovation of three existing floors for 20,000 SF of office and retail space
- Approved vertical addition of approximately 34,000 SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,550
Businesses Nearby
Explore this area
Business Placement
Demographics for 02139, MA
39,525
Population
16,930
Households
2.3
Avg Household Size
30
Median Age
78%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
24,703
Density / Sq Mi
$124,648
Median Household Income
$61,025
Median Earnings
$2,613
Median Rent
$1,066,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story commercial building with approved office, retail, and apartment-style hotel redevelopment.
Where is this mixed-use property located?
The property is located at 727 Massachusetts Ave Cambridge, MA.
What are key features of this property?
This property features: Approximately 26,000 SF historic commercial building; Approved renovation of three existing floors for 20,000 SF of office and retail space; Approved vertical addition of approximately 34,000 SF
