See all 16 photos
16 photos
$1,600,000
$1,798,000 11.0%
Est. payment /mo
2,922 SqFt
UPDATED:
Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,922 sqft
Price per Sqft $547
MLS Listing ID 73367367
Sold Date 07/17/25
HOA Y/N false
Year Built 1900
Annual Tax Amount $11,548
Tax Year 2024
Lot Size 871 Sqft
Acres 0.02
Property Description
Very rare to the market mixed-use property in this prime Cambridge location, just minutes from Kendall Square, MIT, Inman Square, and Lechmere Station. This 3-story brick building features a street-level restaurant and 2 residential units above. All 3 units are Tenant-at-Will and well below market rent, offering exceptional repositioning for rent increases. The restaurant space has excellent visibility along Cambridge Street and tremendous branding potential. Styled as a unique concept like "The Record Room", a nod to its across the street proximity to the Middlesex South Registry of Deeds, the concept could flourish with the tagline: “Where Deals Get Sealed.” Get creative with it and capitalize on this high-yield opportunity! Ideal for restaurant owners or entrepreneurs looking to capitalize on a versatile income-producing property in a high-demand location. Showings by appointment only. Please do not disturb the restaurant tenant. Also listed under Multi-Family MLS #73367367.
Location
State MA
County Middlesex
Zoning BA
Direction Use GPS.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Rubber
Others
Senior Community false
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Listed by Mr. Chaddles Real Estate
Bought with Mei Chet • Keller Williams Realty Boston Northwest
Bought with Mei Chet • Keller Williams Realty Boston Northwest