Renovated 2nd-Floor Office
For Sale
Contact for pricing
810 Memorial Dr # 211, Cambridge, MA 02139
8 office suites on the 2nd floor in a renovated, wheelchair-accessible elevator building with 24/7 keycard access.
Property Size443 SF
Price / SF$0.11
Days on Market212
Property Features for 810 Memorial Dr # 211
General Information
Standard status
Active
Size
443 SF
Property subtype
Commercial
Zoning
O3
Lease Type
Gross
Site & Location
Neighborhood
Cambridgeport
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$316,570
Amenities
fitness center
community room with fully equipped kitchen
bike storage
24/7 keycard access
on-site property management
on-site maintenance
on-site security
Building Details
Building Size
443 SF
Year Built
1969
Year Renovated
2023
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Patrick Verbeke
(617) 230-3638
Source:
Churchillprop
Added: Apr 5
Changed: Oct 31
Last Checked: Nov 1 at 3:32AM
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.
This offering features eight office suites available on the second floor at 810 Memorial Drive, with suite sizes ranging from 443 RSF to 2,275 RSF. The building is wheelchair accessible and includes an on-site elevator. Renovations completed in 2023 included new cladding, windows, updated mechanicals, elevator upgrades, and a refreshed lobby.
The location provides easy access to I-90 and is about 0.7 miles from the Central Square T station on the MBTA Red Line. A bus stop is located in front of the building with routes 70 and 64. Amenities include on-site garage parking and bike storage, along with 24/7 keycard access, on-site property management, maintenance, and security.
Tenant amenities at the property include a fitness center and a community room with a fully equipped kitchen. Nearby are Whole Foods and Trader Joe’s, along with a range of local dining and retail options. The Charles River and multiple parks, including Riverside Press Park, Alberico Park, and Magazine Beach, are within walking distance.
The location provides easy access to I-90 and is about 0.7 miles from the Central Square T station on the MBTA Red Line. A bus stop is located in front of the building with routes 70 and 64. Amenities include on-site garage parking and bike storage, along with 24/7 keycard access, on-site property management, maintenance, and security.
Tenant amenities at the property include a fitness center and a community room with a fully equipped kitchen. Nearby are Whole Foods and Trader Joe’s, along with a range of local dining and retail options. The Charles River and multiple parks, including Riverside Press Park, Alberico Park, and Magazine Beach, are within walking distance.
Key Highlights
- 8 office suites for lease on the 2nd floor, ranging from 443 RSF to 2,275 RSF
- Wheelchair‑accessible elevator building renovated in 2023, including new cladding, windows, mechanicals, elevator, and lobby
- 24/7 keycard access with on‑site property management, maintenance, and security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,139
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,780
$342.8K
Cap Rate 7%
$244,843
$244.8K
Cap Rate 9%
$190,433
$190.4K
Market Conditions
NOI Build-Up for 443 SF
Gross rent
$25.7K $57.96/SF
− Vacancy
−$2.8K −$6.38/SF
EGI
$22.9K $51.58/SF
− OpEx
−$5.7K −$12.90/SF
NOI
$17.1K $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%
$342,780
Cap Rate 7%
$244,843
Cap Rate 9%
$190,433
Alternative Uses
Best Use
Office B
$244.8K
$214.2K – $285.7K
NOI $17,139 @ 7.0% cap · market cap 35,706.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.5K
$298.8K – $398.5K
NOI $23,907 @ 7.0% cap · market cap 49,806.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,798
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - 8 office suites on the 2nd floor in a renovated, wheelchair-accessible elevator building with 24/7 keycard access.
Where is this office unit located?
The property is located at 810 Memorial Dr # 211 Cambridge, MA.
What are key features of this property?
This property features: 8 office suites for lease on the 2nd floor, ranging from 443 RSF to 2,275 RSF; Wheelchair‑accessible elevator building renovated in 2023, including new cladding, windows, mechanicals, elevator, and lobby; 24/7 keycard access with on‑site property management, maintenance, and security
