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    OFF-MARKET
    Office Spaces

    245 1St St, Cambridge, MA 02142

    18,428 SF
    Property ID
    Property summary
    AI-generated overview

    This Class A office building in Middlesex County offers 18,428 square feet of versatile workspace, including executive suites, coworking areas, and creative office solutions. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Enjoy breathtaking panoramic Boston city views from the 18th floor, ideally situated near the biotech and IT industries and adjacent to Harvard University. The building's distinctive design, highlighted by mint green accents, makes a striking impression. Its convenient location offers easy access to Boston Logan International Airport, numerous restaurants, and cafes. Flexible options include private, fully furnished offices, customizable spaces, disaster recovery solutions, and day offices. A comprehensive benefits program provides exclusive discounts and procurement support. Coworking spaces promote collaboration, and meeting rooms are equipped with the latest technology. Virtual office options are also available. Elevators are present.

    Property profile
    Verified
    Property type Office Spaces
    Total area 18,428 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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