Property profile

389 Columbia St Cambridge, MA 02141

OFF-MARKET
Retail properties & Spaces
Property ID
US38-1460324
15,000 SF
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Property summary

AI-generated overview

This exceptional 15,000 square foot retail space is located at 389 Columbia Street in Red Hook, Middlesex County. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of commercial ventures. The building's generous size, coupled with an additional 2,500 square feet of yard space, provides ample room for operations and potential expansion. The M1-1 zoning allows for a variety of uses, making this property highly versatile and attractive to a diverse range of businesses. The property is currently vacant, presenting a unique opportunity for a business to establish a strong presence in a vibrant community. The lot dimensions measure 150 feet by 100 feet, providing significant visibility and accessibility. The monthly rent is $30,000. This is an exceptional opportunity for a business seeking a large, well-located retail space in a thriving area. The property's size, zoning, and location combine to create a compelling investment prospect with significant potential for growth and return. The vacant status allows for immediate occupancy and customization to suit the specific needs of the tenant. Don't miss this chance to secure a prime retail location in Red Hook.

Property profile

Verified
Property type Retail properties & Spaces
Total area 15,000 SF
UPID US38-1460324

Cap rate & NOI

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

Location

389 Columbia St Cambridge, MA 02141
Cambridge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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