Price Reduced 11.65%
47-53R 8th St, Cambridge, (East Cambridge), MA, 02141
As-of-right development opportunity in East Cambridge under the City’s new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner’s position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.
Status:
Active
Town:
Cambridge
Type:
Lot / Acreage
Zoning:
C1
Acreage:
0.11
Est. Taxes:
$11,049
Assessment
$1,740,000
Lot Description:
Easements, Irregular Lot, Other
Amenities:
Public Transportation, Shopping, Park, Public School, T-Station
MLS #:
73466506
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Adrian King, EVO Real Estate Group, LLC 617-517-9755