1812 Massachusetts Ave Cambridge, MA 02140
This exceptional investment opportunity presents a 3,692 square foot commercial condominium located at 1812 Massachusetts Avenue in Cambridge, Massachusetts, 02140. The property, built in 1930, features a street-level storefront of approximately 2,224 square feet, ideal for a variety of uses including restaurant, retail, or office space. The unit also includes approximately 905 square feet of finished basement space and 563 square feet of hallway space, adding significant value. Currently vacant, this property benefits from abundant natural light and high visibility due to its prominent frontage on Massachusetts Avenue. Its location in the vibrant Porter Square neighborhood offers excellent accessibility, being within walking distance of the MBTA Red Line. The property includes one deeded parking space. This core investment is offered at an asking price of $1,300,000. High pedestrian and vehicle traffic ensures strong potential for any business. This is an excellent opportunity for an owner-user or investor seeking a prime commercial property in a highly desirable Cambridge location. The property consists of one unit within a single building.
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WT Phelan Insurance Insurance Agency
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Thayer & Associates Property Management Company Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.