493 Concord Ave Cambridge, MA 02138
This exceptional two-story retail building, located at 493 Concord Ave in Cambridge, Massachusetts, presents a compelling owner-user investment opportunity. Boasting 5,530 square feet of space (2,765 square feet per floor), this 1950-built property enjoys a highly visible location at the intersection of Concord Avenue and Fresh Pond Parkway, benefiting from significant vehicular traffic. The building sits on a 2,361 square foot lot. A separate listing exists for an adjacent parking lot at 483 Concord Ave, offering 10 spaces, and both properties may be purchased together or individually. Note that billboards located on the property are not included in this sale. This property is ideal for a business seeking a prominent presence in a busy Cambridge commercial area. The building's size and location offer significant potential for a variety of retail uses. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.