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25-29 River Street is a prime re-development opportunity situated in an incredible urban-infill location in Cambridge's Central Square. Consisting of 0.15-acres (6,534 square feet), the Property is zoned C-1 Neighborhood Commercial District, one of the most versatile zoning designations in Cambridge. The Property is currently leased to Enterprise Car Rental. Enterprise has been at this location since 2012 and has just over 2 years remaining on their lease without any renewal options. Future Development Options: (1) Three Story Multifamily (35') - 9,999 SF of Development. By-right Option. (2) Six Story Multifamily (66') - 22,902 SF of Development. Option requires Site Plan Review and 20% Affordable Component. (3) Three Story Townhome - 9,999 SF of Development (5 units) By-right Option. 25-29 River Street offers the rare opportunity to acquire an exceptionally well-located development parcel that offers secure income for the next 2+ years.
General Information for 25-29 River St Cambridge, MA 02139 |
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| Town | Cambridge |
| County | Middlesex |
| Stories | 18 |
| SQFT | 2,876 |
| Status | Available |
| Listing Number | 73422923 (MLSPIN) |
Rooms Information for 25-29 River St Cambridge, MA 02139 |
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Interior Information for 25-29 River St Cambridge, MA 02139 |
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| Fireplace | 18 |
Exterior Information for 25-29 River St Cambridge, MA 02139 |
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| Lot Size | 0.15 acres |
| Lot Description | Other |
| Parking | Spaces: 9 |
| Lot | Other |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 25-29 River St Cambridge, MA 02139 |
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Miscellaneous Information for 25-29 River St Cambridge, MA 02139 |
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| Year Built | 1937 |
| Association Fee | 0 |
| Taxes | $12,457 /Yr |
| Comp | Buyer Agency Compensation:2 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On:Net Sale Price Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 6,155 |
| Avg Price | $912,744 |
| Avg Days Listed | 106 |
| Total New Listings | 13 |
| House | Data |
|---|---|
| Units | 11,407 |
| Avg Price | $1,254,570 |
| Avg Days Listed | 89 |
| Total New Listings | 2 |
| Multi-Family | Data |
|---|---|
| Units | 2,024 |
| Avg Price | $1,265,723 |
| Avg Days Listed | 109 |
| Total New Listings | 6 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 26 minutes ago |
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.
(AN2723/TM359859)
