Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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Consultant Biotechnology Company
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(Bike/Boat/Book/etc) Store Corporate Office
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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