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    1 Porter Sq Cambridge, MA 02140

    Sponsored
    For Lease
    Contact for pricing

    Prime Cambridge location, 2340 sq ft, single tenant.

    Lot size:
    2,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,340-square-foot retail space is located at One Porter Square in Cambridge, Massachusetts, within Middlesex County (zip code 02140). The property is a single-tenant space, currently vacant and ready for immediate occupancy. Its prime location offers unparalleled accessibility. Situated steps from the Porter Square Red Line MBTA station, the property benefits from convenient access via public transportation, foot traffic, and car. This is a rare opportunity to establish a business in a densely populated area, just five minutes from both Harvard and Davis Squares. The property is part of the Porter Square Galleria, offering the advantage of being near the area's only Target store, ensuring high foot traffic and visibility. The total building square footage is 2,340 square feet, all of which is currently vacant. This presents a unique chance to secure a prominent retail space in a thriving Cambridge neighborhood. The property's location provides excellent exposure to a large customer base, making it an ideal location for a variety of retail businesses.

    Property Features for 0 1 Porter Sq

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,340 SF

    Unit(s) available at that property

    Space
    Second Floor
    Size
    2,340 SF

    HighLights

    • 2,340 SF second‑level retail space available next to a high‑volume Target, at the parking garage entrance.
    • Rare off‑street parking.
    • Prime location directly across from the Porter Square Red Line MBTA station (8,552 daily entries), Fitchburg/Acton Commuter Rail, and multiple bus routes.
    • Densely populated area with approximately 124,713 employees within 1.5 miles.
    • Strong co‑tenancy including Target, Citizens Bank, Anna's Taqueria, One Medical, and a proposed Retro Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.1232582
    Latitude
    42.3913695

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    FAQs

    What type of property is this?
    Retail property - Prime Cambridge location, 2340 sq ft, single tenant.
    Where is this retail property located?
    The property is located at 1 Porter Sq Cambridge, MA.
    What are key features of this property?
    This property features: 2,340 SF second-level retail space available next to a high-volume Target, at the parking garage entrance.; Rare off-street parking.; Prime location directly across from the Porter Square Red Line MBTA station (8,552 daily entries), Fitchburg/Acton Commuter Rail, and multiple bus routes.
    Request Owner's contact information
    1 Porter Sq Cambridge, MA 02140
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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
    1 Porter Sq Cambridge, MA 02140
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