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
- Disclosure
- Area:
- East Cambridge
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- BA
- Orig Price:
- $4,499,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Cambridge
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02141
- Longitude:
- W72° 54' 48.6''
- Latitude:
- N42° 22' 18.2''
Commercial Sale
616-620 Cambridge St, Cambridge, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,499,000
- Square Footage :
- 8,201 Sqft
- Year Built :
- 1950
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73470639
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com