1812 Massachusetts Ave Cambridge, MA 02140
- Retail properties
- 3,692 SF
Current Use by Public Records
- WT Phelan Insurance / Insurance Agency / Auto Insurance Agency
- Thayer & Associates / Real Estate Agent / Property Management Company
Property Details for 1812 Massachusetts Ave
- Year built
- 1930
- Property size
- 3,692 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1199
- Latitude
- 42.3867
