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You are here:
Home Massachusetts Cambridge Commercial Properties for Sale

950 Massachusetts Ave Cambridge, MA 02139

219 Days on Boston Pads
8 Photos
$3,650,000
Type: Commercial Condo
Triple Net Lease (NNN)
3481 Bldg. SQFT
3 Restroom
Parking: N/A
950 Massachusetts Ave
Cambridge, MA 02139

Property Description

Located between Harvard and Central Squares - Midway between Harvard University and M.I.T. All Allowable Commercial Uses of the BB-1 Zone; Includes most Retail, Office, Food-Related, Institutional, and Educational uses. Potential uses are lab (no exterior venting), office, retail, medical /clinical, and restaurant/café (no exterior venting). Option for a Delayed Closing with a Sale Structure - entered into now - based on: a 10% Down Payment; and a 4.5% Mortgage Rate.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial Condo
  • Location: Legal Conforming
  • MLS ID#: 73164173

Financial

  • Net Operating Income: 167088
  • Lease Type: Triple Net Lease (NNN)

Building Information

  • Total SQFT: 3481
  • Total Restrooms: 3

Construction & Utilities

  • Utilities: 220 Volts, Fiber Optic, Natural Gas, Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/01/2023Active$3,650,000$1,049MLSPIN
09/27/2023New$3,650,000$1,049MLSPIN

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View Breakdown

Seller's Representative: William L. McNamara, Greater Boston Valuation
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
Facilitator Compensation: 2%
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-10-01 03:07:00