$4,499,000

Pending

Est. Mortgage $21,869/mo *

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616-620 Cambridge St, Cambridge, (East Cambridge), MA, 02141

616-620 Cambridge St, Cambridge, (East Cambridge), MA, 02141
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1950

8,201 sqft

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

Status:

Pending

Town:

Cambridge

Type:

Commercial

Zoning:

BA

Acreage:

0.14

Est. Taxes:

$21,727

Utilities

Public Water, Public Sewer, Natural Gas Available, See Remarks

MLS #:

73470639

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Thomas R. Blakely, TRB Realty 617-285-2578