$13,000,000

Land for sale Cambridge
Property photo number 1 of 16 Photos for Property. File  105586931_29_ccd51f17e04ce2b39709f7f163a60a18.jpeg

Overview

SUMMARY: Discover an opportunity with this Cambridge land for sale and available for $13,000,000. This could be your next ideal home or a smart investment. More details await.
Presenting 815 Somerville Avenue, an exceptional redevelopment opportunity located in the heart of Porter Square, Cambridge, Massachusetts. 815 Somerville Ave is a three-story brick building comprised of 27,824 gross square feet and18 garage parking spaces. The building is situated on a 10,442 square foot parcel and sits within the Massachusetts Avenue District - a new zoning district that allows up to 12 stories of residential use by-right. The property is located across the street from the MBTA Porter Square Station (Red Line), providing direct access to Harvard, MIT, Kendall Square and Downtown Boston within minutes. Exceptionally located and surrounded by amenities, cultural activities and demand drivers, 815 Somerville Ave presents investors with a multitude of alternative use and value-creation opportunities, including ground up redevelopment for residential use, re-tenanting the existing office space, or utilizing the in-place approvals to retrofit the building for lab/RandD use.
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Details

  • Price: $13,000,000
  • Reference No.: 96082493

Location

Marketed by:

  • Christopher Sower
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