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    552 Massachusetts Ave Cambridge, MA 02139

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    For Lease
    Contact for pricing

    Move-in ready office spaces in Cambridge

    Lot size:
    34,620 SF

    Property Features for 552 Massachusetts Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,620 SF
    Class
    B

    Building Details

    Year Built
    1925

    Spaces For Lease

    at 552 Massachusetts Ave, Cambridge, MA 02139 Contact us

    We can help!

    Listing Contact
    Patrick Verbeke
    Patrick Verbeke

    Listing Agency: KW Cambridge Listing Agent: Patrick Verbeke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional opportunity presents two renovated office suites available for lease at 552 Mass Ave, also known as the Cambridge Business Center. Located in the vibrant Central Square submarket of Boston, these suites offer 800 and 2,100 square feet of move-in ready space on the second floor. The building, a Class B property built in 1925, boasts a total of 34,620 square feet and sits on an 11,790 square foot lot. Enjoy convenient access to the MBTA Red Line at the Central Square T station, just half a block away, placing you within easy reach of both MIT and Harvard University (a single stop on the Red Line). The building features a single elevator and 24/7 key card access with video intercom for enhanced security. Parking is readily available, with the Green Street Parking Garage just one block away and several other lots nearby. Central Square's dynamic atmosphere offers an abundance of amenities, including over 70 diverse food establishments (such as Caffè Nero, Chipotle, and Whole Foods), various markets, and numerous cultural attractions like ImprovBoston and the Dance Center. This prime location provides unparalleled convenience and accessibility within a thriving urban environment.
    Property Profile Location Intelligence

    Current Use by Public Records

    WRCA Radio Station Sarah Putnam Counselor Juliann Smith Counselor Buffer Trenouth Physical ... Medical Clinic United for Health Abyssinia Association Or Organization

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon 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
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1024622
    Latitude
    42.3644411

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    FAQs

    What type of property is this?
    Office Property / Space - Move-in ready office spaces in Cambridge
    Where is this office property / space located?
    The property is located at 552 Massachusetts Ave Cambridge, MA.
    What are key features of this property?
    This property features: 800 RSF and 2,100 RSF move-in ready renovated office suites available for lease on the 2nd floor.; Class B, 34,620 total square foot building, built in 1925, located at 552 Mass Ave, Cambridge, MA.; One elevator, key card access, and conveniently located near the Central Square T station (Red Line).
    (978) 369-5775 Call to check price and availability
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    552 Massachusetts Ave Cambridge, MA 02139
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    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
    552 Massachusetts Ave Cambridge, MA 02139
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    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick Verbeke
    Patrick Verbeke
    Real Estate License ID: 9519242
    (978) 369-5775
    Learn more
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