349 Cambridge St, Cambridge, MA 02141
349 Cambridge St, Cambridge, MA 02141
349 Cambridge St, Cambridge, MA 02141
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$1,900,000
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2,613 Sqft Lot
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349 Cambridge St Cambridge, MA 02141

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73598950

HOA Y/N false

Year Built 1987

Annual Tax Amount $5,336

Tax Year 2026

Lot Size 2,613 Sqft

Acres 0.06

Property Description

DEVELOPMENT OR INVESTMENT ...THIS PROPERTY IS LOCATED IN A CAM-6 ZONING SUB DISTRICT which allows up to a 6 story building. Fantastic Opportunity for Retail or Residential in a 'Paradise' Location ! DELIVERED VACANT. Family owned over 35 years by the same family. Previously home base for an electrical business for the past 3 decades with a retail storefront and over 1200 sq ft of additional basement/warehouse type space. In addition to the retail/ office business space there are two apartments with 3 rooms and a two level 6 room 3 bedroom apartment. IF the project exceeds more than 10 units or 10,000 residential sq ft, there will be a 20% affordable component. It appears possible to build 8 units with approximately 1400 sq ft per unit plus a commercial / retail component on the first floor. The building has one heating system. Electric is 200A/ 240V single phase electric. There are 4 electric meters (three plus a public). The listing agent does not hereby make any representations as to the accuracy of any statements made herein or the potential development of the property. Buyer's are strongly encouraged to do their own due diligence. Property will be delivered completely vacant prior to closing.

Location

State MA

County Middlesex

Zoning CAM-6

Direction Cambridge St between Inman Sq and the Courthouse

Exterior

Utilities Available Public Water, Public Sewer, 220 Volts

Others

Senior Community false


MLSPIN
Listed by Steve Bremis Realty Group

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Tracy Barber

Tracy Barber

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+1(978) 400-1617

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349 Cambridge St