Property profile

350 Massachusetts Ave Cambridge, MA 02139

FOR LEASE
Office buildings
Property ID
US38-1349533
127,800 SF 0.58 ac lot Built 1998
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This commercial space is located on Massachusetts Avenue in Cambridge and offers street-level access with street visibility. The unit is configured with exterior entry and large windows, and it is connected to a larger workout facility. The property includes on-site garage parking and is positioned near public transportation and local amenities. It is delivered fully built out with an open layout suitable for office or studio-style use, and it has been used as a yoga studio. Utilities are included except for wireless and internet services, and the space is suitable for business use requiring customer-facing space in a high-visibility setting.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction STEEL FRAME
Total area 127,800 SF
Lot 0.58 ac (25,407 SF)
Zoning code CRDD
APN CAMB M:00069 L:00159
UPID US38-1349533

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Car Rental Facility
  • Car Rental Facility
  • International Trade Consultant

Location

350 Massachusetts Ave Cambridge, MA 02139
Cambridge metro Census 353101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$41.08M

Owner & transaction history

since 2008
3 recorded transactions
2008
Price N/A
2008
Price N/A
1998
Price N/A

Zoning & alternative use

CRDD · Cambridge, MA
Zoning description

The purpose of the Cambridge Port Revitalization Development District (CRDD) district is to implement the Blue Ribbon Committee Report dated December, 1986 adopted by the Cambridge City Council February 9, 1987, to allow…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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