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    OFF-MARKET
    Office Spaces

    245 Main St, Cambridge, MA 02142

    215,394 SF Built 1987
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A office property, located at 245 Main Street in Cambridge, MA, 02142, offers 215,394 square feet of flexible workspace. The building, constructed in 1987 and renovated in 2019, features twelve stories and boasts a 12-foot ceiling height. With a total of 12 suites, the maximum contiguous space available is 8,842 square feet, making it suitable for a variety of tenants, from startups to established corporations. The property is zoned O3A, Cambridge and situated in the highly desirable Kendall Square submarket. Conveniently located near a red line MBTA stop, this location provides excellent accessibility. The building includes six elevators and ample parking with 500+ spaces. The property offers a unique blend of traditional office space, executive suites, and coworking options, catering to diverse business needs. Amenities include access to over 90 conference and meeting rooms, 60+ phone booths across two buildings, and fully stocked kitchens on each floor. This prime location in the heart of Kendall Square has attracted a vibrant community of startups, corporations, investors, and nonprofits, solidifying its position within an internationally recognized innovation district. The building's modern design and comprehensive amenities create a collaborative and productive work environment.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1987
    Total area 215,394 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
    Current use
    Occupant on record · Public records
    • SiliconExpert (Bike/Boat/Book/etc) Store Corporate Office
    • Only Orphans Cote LLC Consultant Biotechnology Company
    • N-SIDE LLC (Bike/Boat/Book/etc) Store Corporate Office
    • ONTOFORCE (Bike/Boat/Book/etc) Store Corporate Office
    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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