Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 Columbia St Cambridge, MA 02139
    Back to Search
    Property profile & analytics

    150 Columbia St, Cambridge, MA 02139

    View on Map
    • Retail properties & Spaces
    • 7,088 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 150 Columbia St

    Year built
    1890
    Property type
    Retail properties & Spaces

    Description

    This exceptional 7,088-square-foot retail property at 150 Columbia Street in Cambridge, Massachusetts, presents a unique investment opportunity. Built in 1890 and extensively renovated in 2023, this single-story Class C building boasts a highly visible corner location in a densely populated neighborhood. The property is zoned C-1 and offers convenient access to public transportation, being within walking distance of both Central Square and Kendall Square MBTA Red Line stations. Its proximity to Harvard Square and MIT ensures a high volume of foot traffic. The space includes 1,000 square feet of street-level retail area, complemented by valuable basement storage. This mixed-use redevelopment project offers significant signage visibility, making it perfect for businesses seeking high brand awareness. The property is suitable for a variety of non-food uses, including but not limited to, a bank, daycare center, real estate office, architectural firm, or boutique retail establishment. Available August 1, 2023. This location offers unparalleled access to a vibrant and affluent community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0978
    Latitude
    42.3668

    Comparable in this City

    • Value Estimation by Request
      4,300 SF

      1055 Cambridge St

      Individual retail properties
      1055 Cambridge St, Cambridge, MA 02139
      View Details
    • Value Estimation by Request
      7,088 SF

      150 Columbia St

      Individual retail properties
      150 Columbia St, Cambridge, MA 02139
      View Details
    • Value Estimation by Request
      7,470 SF

      1175 Cambridge St

      Individual retail properties
      1175 Cambridge St, Cambridge, MA 02139
      View Details
    • Value Estimation by Request
      62,555 SF

      Memorial Dr. & Pleasant St. Ext

      Restaurants
      0 Memorial Dr. & Pleasant St. Ext, Cambridge, MA 02139
      View Details
    • Value Estimation by Request

      239 Prospect St Sta, Unit A

      RESIDENTIAL PARKING GARAGE
      239 Prospect St Sta, Cambridge, MA 02139-1267
      View Details
    • Value Estimation by Request
      0.58 Acres

      438 Grn St

      PARKING LOT
      438 Grn St, Cambridge, MA 02139
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Cambridge Commercial Property Near Central Square

      Commercial property near Central Square in Cambridge, Massachusetts.
      280 Green St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      Pending

      Cambridge Commercial Property Near Central Square

      Commercial property near Central Square in Cambridge, Massachusetts.
      280 Green St, Cambridge, MA 02139
      View Details
    • Contact for pricing

      Cambridge Development Opportunity Near Central Square

      Prime development site near Central Square in Cambridge, Massachusetts.
      280 Green St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      901 SF

      Cambridge Office or Retail Condo

      901 SF condo in vibrant Cambridge near Porter Square.
      2b-1776 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • Contact for pricing
      7,088 SF

      Street-Level Retail/Office Space Available

      Highly visible retail/office space in a densely populated neighborhood.
      194 Harvard St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      4,294 SF

      Cambridge Multifamily Investment Opportunity

      Well-maintained 5-unit property near Harvard Square with income potential.
      343 Harvard St, Cambridge, MA 02139
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,372 SF

      Equipped Restaurant Space in Cambridge

      Fully equipped restaurant/bar in Inman Square, Cambridge near Harvard/MIT.
      323 Prospect St, Cambridge, MA 02139
      View Details
    • Contact for pricing

      Prime Retail Space in Cambridge

      Retail space available in the Novartis research building.
      181 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • Contact for pricing

      Inman Square Commercial Space

      Versatile commercial space in vibrant Inman Square.
      126 Inman St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      1,319 SF

      Cambridge Street Commercial Condo For Rent

      High-visibility corner commercial condo with full basement in Cambridge.
      902-912 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • Contact for pricing
      4,675 SF

      Cambridge Retail Space for Lease

      Retail space available in Cambridge, Massachusetts, near Boston.
      750 Memorial Dr, Cambridge, MA 02139
      View Details
    • Contact for pricing

      Central Square Restaurant/Entertainment Space

      Zoned restaurant space for lease in Central Square.
      296 Green St, Cambridge, MA 02139
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 Columbia St
    Cambridge, MA 02139
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 Columbia St, Cambridge, MA, 02139
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!