Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Cambridge Retail/Office Space Title is generated by Realmo AI

    747 Cambridge St #C, Cambridge, MA 02141

    View on Map
    Claim this Listing
    For Sale
    $899,000

    New construction retail/office space in prime Cambridge location.

    Property size:
    1,535 SF
    Price / SF:
    $585/SF
    Added:
    May 21, 2025
    Days on Market:
    384
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 747 Cambridge St #C

    General Information

    Standard status
    Active
    Size
    1,535 SF

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    Gregory McCarthy

    Listing agent Gregory McCarthy

    Listing office Riverfront REALTORS®

    Listing date May 21, 2025

    Source Corcoran

    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®

    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.
    • Soaring 15 ft ceilings and abundant natural light.
    • Direct access from Cambridge Street.
    • Ready for occupancy Summer.

    Overview

    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.

    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 (±1% cap)
    NOI $59,387 @ 7.0% cap · market cap 6.61%
    Second Best
    Retail
    $430.6K
    $376.8K – $502.3K (±1% cap)
    NOI $30,140 @ 7.0% cap · market cap 3.35%
    Theoretical Best
    Office A
    $1.18M
    $1.04M – $1.38M (±1% cap)
    NOI $82,839 @ 7.0% cap · market cap 9.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0891
    Latitude
    42.3723

    Nearby Similar for Sale

    • $1,399,000
      2,700 SF

      Cambridge Multifamily Renovation Opportunity

      Three-story multifamily property with rehab potential in prime Cambridge location.
      155 Amory St, Cambridge, MA 02139
      View Details
    • $640,000
      901 SF

      Cambridge Office or Retail Condo

      901 SF condo in vibrant Cambridge near Porter Square.
      1776 Massachusetts Ave #2B, Cambridge, MA 02140
      View Details
    • $300,000

      Established Restaurant Business For Sale

      Long-standing restaurant business with loyal customer base in Cambridge.
      498 Cambridge St. #1, Cambridge, MA 02141
      View Details
    • $589,900

      Harvard Square Professional Office Suite

      Professional suite in prime Harvard Square location near Red Line.
      1105 Massachusetts Ave 2A, Cambridge, MA 02138
      View Details
    • $589,900

      Harvard Square Professional Suite

      Professional suite in prime Harvard Square location near Harvard University.
      1105 Massachusetts Ave #2A, Cambridge, MA 02138
      View Details
    • $2,500,000
      4,266 SF

      Cambridge Multifamily Development Opportunity

      Four-unit property with development potential in a prime Cambridge location.
      49-51A Clifton St, Cambridge, MA 02140
      View Details
    • $2,295,000

      Cambridge Retail/Mixed-Use Investment Opportunity

      Commercial property in Huron Village, Cambridge, with mixed-use zoning.
      365 Huron Ave, Cambridge, MA 02138
      View Details
    • $589,900

      Harvard Square Professional Suite

      Professional suite in prime Harvard Square location.
      1105 Massachusetts Ave #2A, Cambridge, MA 02138
      View Details
    • $2,250,000
      10,255 SF

      Cambridge Commercial Property Near Central Square

      Commercial property near Central Square in Cambridge, Massachusetts.
      280 Green St, Cambridge, MA 02139
      View Details
    • $2,295,000
      2,358 SF

      Corner Retail Building with 3 Entrances

      Divisible storefront space on a highly visible corner with basement storage and potential for future vertical expansion.
      365 Huron Ave, Cambridge, MA, MA 02138
      View Details
    • $300,000

      Established Restaurant Business For Sale

      Long-standing restaurant business with loyal customer base in Cambridge.
      498 Cambridge St. 1, Cambridge, MA 02141
      View Details
    • $1.00
      1,572 SF

      Cambridge Retail Space For Sale

      New retail space in Cambridge, Massachusetts for sale.
      747 Cambridge Street, Cambridge, MA 02141
      View Details

    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.
    We can help!
    Listing Contact
    Gregory McCarthy
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    747 Cambridge St #C, Cambridge, MA 02141
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!