New Cambridge Retail/Office
747 Cambridge St #C Cambridge, MA 02141
747 Cambridge St #C, Cambridge, MA, 02141
$899,000
For Sale
$899,000
New construction retail/office space in prime Cambridge location.
Property Size1,535 SF
Price / SF$585.67
Days on Market427
Property Features for 747 Cambridge St #C
General Information
- Standard status
- Active
- Size
- 1,535 SF
Building Details
- Year Built
- 2025
Listing Agency
Riverfront REALTORS®
Listed by
Gregory McCarthy
Source
Corcoran
Added: May 21, 2025 Updated: Mar 16 at 9:09 am Checked: Mar 16 at 9:09 am
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 Riverfront REALTORS®
Investment Insights
Based on property information with market context.
This new construction retail or office space is located in Cambridge's newest boutique elevator building. The property features a glass storefront with direct access from high-traffic Cambridge Street. The 1535 square foot space offers layout flexibility. Located on the ground floor of a high-end construction, the space includes sharp lines, 15-foot ceilings, and natural light. The property is located at the edge of East Cambridge and Inman Square. Allowed uses include retail and professional offices. The space is expected to be ready for occupancy in the Summer.
Key Highlights
- Prime retail location on high‑traffic Cambridge Street at the edge of East Cambridge and Inman Square.
- New construction (2025) in a boutique elevator building with a street‑facing glass storefront.
- Versatile 1550 sq ft open space suitable for retail or professional offices.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.0k | $57.96 |
| − Vacancy | −$9.8k | −$6.38 |
| EGI | $79.2k | $51.58 |
| − OpEx | −$19.8k | −$12.90 |
| NOI | $59.4k | $38.69 |
1,535 SF · lease $57.96/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$848.4K
$742.3K – $989.8K
NOI $59,387 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$430.6K
$376.8K – $502.3K
NOI $30,140 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,839 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - New construction retail/office space in prime Cambridge location.
Where is this retail space located?
The property is located at 747 Cambridge St #C Cambridge, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime retail location on high‑traffic Cambridge Street at the edge of East Cambridge and Inman Square.; New construction (2025) in a boutique elevator building with a street‑facing glass storefront.; Versatile 1550 sq ft open space suitable for retail or professional offices.
