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$ 4,499,000
Est. payment /mo
New
616-620 Cambridge St Cambridge, MA 02141
8,201 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,201 sqft
Price per Sqft $548
MLS Listing ID 73470639
HOA Y/N false
Year Built 1950
Annual Tax Amount $21,727
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Investment Highlights - Rarely available fully occupied mixed-use investment property in East Cambridge, MA INVESTMENT HIGHLIGHTSTHE ASSET: 616-620 Cambridge Street in East Cambridge is a FULLY OCCUPIED two-story fully-occupied mixed-use building (8,201SF) comprised of four (4), 2-Bedroom/1-Bathroom units above two (2), retail units, as follows: Retail Unit #1: City Liquors--a popular and well established liquor storeNew Restaurant Unit #2: Senmi Ramen--tenant built-out new restaurant/new lease. The East Cambridge outlook remains bright as rental demand continues at a steady rate.PRIME EAST CAMBRIDGE NEIGHBORHOOD: 616-620 Cambridge Street is located in East Cambridge, MA, one of the most desirable and supply-constrained urban neighborhoods. The area is characterized by dense residential development, strong demographics, and a vibrant mix of neighborhood retail, dining and within walking distance to many convenience-oriented businesses: $4,499,000..6.04% CAP
Location
State MA
County Middlesex
Area East Cambridge
Zoning BA
Direction From Boston: Take Charles River Dam Road to Monsignor O'Brien Highway to Cambridge Street
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, See Remarks
Roof Type Rubber
Others
Senior Community false
Listed by TRB Realty