Sale Type: For Sale Lot Size: 10,442 Ref #: 73493591
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Presenting 815 Somerville Avenue, an exceptional redevelopment opportunity located in the heart of Porter Square, Cambridge, Massachusetts. 815 Somerville Ave is a three-story brick building comprised of 27,824 gross square feet and18 garage parking spaces. The building is situated on a 10,442 square foot parcel and sits within the Massachusetts Avenue District - a new zoning district that allows up to 12 stories of residential use by-right. The property is located across the street from the MBTA Porter Square Station (Red Line), providing direct access to Harvard, MIT, Kendall Square and Downtown Boston within minutes. Exceptionally located and surrounded by amenities, cultural activities and demand drivers, 815 Somerville Ave presents investors with a multitude of alternative use and value-creation opportunities, including ground up redevelopment for residential use, re-tenanting the existing office space, or utilizing the in-place approvals to retrofit the building for lab/R&D use.
Details
Lot Size
10,442
Listing provided courtesy of Christopher Sower, Cushman & Wakefield
Cambridge is probably best known for its world-class universities like Harvard University and is the home of many world-class companies and innovators in high-technology, pharmaceuticals, biotechnolog...
Cambridge is part of the Greater Boston area which has good general transportation and excellent public transportation. The cornerstones of the Boston transportation system are the highways, the airpo...
The town of Cambridge is only steps away from the center of Boston and is probably best known for its world-class universities like Harvard University and the Massachusetts Institute of Technology. As...