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    245 Main St Cambridge, MA 02142

    Sponsored
    For Lease
    Contact for pricing

    Class A office, flexible workspace, Kendall Square.

    Lot size:
    215,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office property, located at 245 Main Street in Cambridge, MA, 02142, offers 215,394 square feet of flexible workspace. The building, constructed in 1987 and renovated in 2019, features twelve stories and boasts a 12-foot ceiling height. With a total of 12 suites, the maximum contiguous space available is 8,842 square feet, making it suitable for a variety of tenants, from startups to established corporations. The property is zoned O3A, Cambridge and situated in the highly desirable Kendall Square submarket. Conveniently located near a red line MBTA stop, this location provides excellent accessibility. The building includes six elevators and ample parking with 500+ spaces. The property offers a unique blend of traditional office space, executive suites, and coworking options, catering to diverse business needs. Amenities include access to over 90 conference and meeting rooms, 60+ phone booths across two buildings, and fully stocked kitchens on each floor. This prime location in the heart of Kendall Square has attracted a vibrant community of startups, corporations, investors, and nonprofits, solidifying its position within an internationally recognized innovation district. The building's modern design and comprehensive amenities create a collaborative and productive work environment.

    Property Features for 245 Main St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    215,394 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1987/2019
    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    Baluster Suite
    Size
    917 SF
    Space
    Aidensfield Suite
    Size
    873 SF
    Space
    Sorbite
    Size
    799 SF
    Space
    Palladium Suite
    Size
    1,312 SF
    Space
    Fret
    Size
    96 SF

    HighLights

    • 26,829 SF of Class A office space available in Cambridge, MA.
    • Turnkey office and coworking spaces of various sizes with flexible month‑to‑month leases in Kendall Square.
    • Located in Kendall Square, a leading innovation hub.
    • Access to numerous conference rooms, meeting rooms, phone booths, and fully equipped kitchens.
    Property Profile Location Intelligence

    Current Use by Public Records

    SiliconExpert Software Company Only Orphans Cote ... Consultant N-SIDE LLC Software Company ONTOFORCE Software Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.08463548
    Latitude
    42.36245818

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    FAQs

    What type of property is this?
    Coworking space - Class A office, flexible workspace, Kendall Square.
    Where is this coworking space located?
    The property is located at 245 Main St Cambridge, MA.
    What are key features of this property?
    This property features: 26,829 SF of Class A office space available in Cambridge, MA.; Turnkey office and coworking spaces of various sizes with flexible month-to-month leases in Kendall Square.; Located in Kendall Square, a leading innovation hub.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    245 Main St Cambridge, MA 02142
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