Located in the heart of vibrant Cambridge, this 901 SF office or retail condo is a perfect owner occupied of investment opportunity. The property's location near Porter Square offers proximity to nearby attractions and ample foot traffic. With its range of commercial use options, the property presents an exciting opportunity for retail or office business owners or investors.
Street-level commercial condominium features approximately 2,224 SF 1st floor, with an additional 905 square feet of finished lower level space with bonus kitchen area, and 563 square feet of hallway space. For a qualified purchaser, the owners will consider offering financing: (1st Mortgage, 5% interest rate, 25% down, interest only for 5 years, would consider 10 year term with 35% down). Currently vacant, this suite presents a fantastic opportunity for a restaurant (fine dining by right), retail shop, medical or office. It benefits from abundant natural light from Mass Ave and enjoys a high-visibility location with prominent frontage. Situated in the vibrant heart of Porter Square, it’s also conveniently within walking distance of the MBTA Red Line. The unit includes one (1) deeded garage parking space. FOR BID DATE AND ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS
Cambridge is located in Massachusetts. Cambridge, Massachusetts 02140has a population of 116,892. Cambridge 02140 is less family-centric than the surrounding county with 28.89% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Cambridge, Massachusetts 02140 is $112,565. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Cambridge 02140 is 30.5 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 48 inches per year, with 50 inches of snow per year.
