For Sale - Redevelopment or Owner User Opportinity
Prime Location
- Situated at the bustling intersection of Cambridge Street and Prospect Street, this retail property enjoys high visibility and foot traffic, making it a lucrative investment opportunity for savvy buyers looking to capitalize on a premium location in a thriving commercial district.
- In a rapidly evolving market, this retail property offers stability and long-term growth potential, making it an attractive investment option for discerning buyers looking to secure a reliable income stream and build wealth through real estate. Don't miss out on this opportunity to own a prime commercial asset in a sought-after location!
Strong ROI Potential
- With a solid track record of generating consistent rental income and high tenant retention rates, this property offers investors the potential for a robust return on investment. The strategic location and strong market demand ensure a steady cash flow and promising future appreciation.
Diverse Tenant Mix
- Boasting a diverse tenant mix of established businesses and local favorites, this retail property presents a unique opportunity for investors to tap into a vibrant community and benefit from a stable income stream. The mix of retail, dining, and service tenants adds value and appeal to the property.
Redevelopment Potential
- The proposed six-story building envisions 25 residential units with approximately 2,140 SF of ground-floor commercial space. Alternatively, the site may accommodate two three-story residential buildings totaling six units.
This project presents a rare opportunity to deliver a premier residential and retail destination in one of Cambridge’s most sought-after locations.
No representation or warranty is made regarding the development potential of the property. Buyers are advised to conduct their own independent due diligence.
Location
- The property is located in the vibrant neighborhood of Inman Square in Cambridge, MA, known for its diverse community and eclectic mix of shops and restaurants.
- Inman Square is home to popular dining spots like Punjabi Dhaba, which offers authentic Indian cuisine, and East Coast Grill, a beloved seafood restaurant.
- The area boasts a strong sense of community with local events such as the Inman Eats & Crafts Street Festival, where residents and visitors can enjoy food, crafts, and music.
- Inman Square is well-connected to public transportation, with nearby bus stops and access to the MBTA Red Line at Central Square, providing easy commuting options for residents and employees.
- The neighborhood is also in close proximity to educational institutions like Harvard University and MIT, attracting a mix of students, faculty, and professionals to the area.
- Nearby, the transformative USQ development project will bring approximately 3.8 million square feet of new laboratory, office, retail, dining, hotel, and residential space to the Union Square neighborhood, further enhancing the area’s long-term growth and investment appeal.