Log In/Sign Up
Your email has been sent.
489 Concord Ave
Cambridge, MA 02138
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Efficient open service layout
- Surrounded by local retailers, cafés, and community-serving businesses that drive neighborhood activity
- Inviting storefront with large display windows providing strong natural light and branding exposure
- Convenient access to Harvard Square, Fresh Pond, and public transit
- Flexible IA-1 Zoning supports a variety of commercial and light industrial uses
- High-visibility retail/service space in Observatory Hill along well-traveled Concord Avenue
EXECUTIVE SUMMARY
Exceptional commercial storefront opportunity along highly visible Concord Avenue in the desirable Observatory Hill neighborhood of Cambridge. Currently home to a long-established local business, this property presents a rare chance for developers or investors to secure a well-positioned asset within one of Cambridge’s most vibrant community corridors. The property offers approximately 4,385 square feet of adaptable space with a flexible retail configuration, large storefront windows, abundant natural light, and an efficient interior layout suitable for a wide range of future uses. Its IA-1 zoning, private lot with approximately 10 parking spaces, and high-visibility frontage make it ideal for redevelopment or repositioning as boutique retail, wellness, office, or mixed-use space. Surrounded by a dense residential population, complementary neighborhood amenities, and excellent public transit access, this site benefits from consistent foot and vehicle traffic. An option to acquire both the real estate and established business is available for a turnkey transition or future redevelopment opportunity.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,611 SF
Building Class
B
Year Built
1860
Price
$2,162,280 CAD
Price Per SF
$598.80 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.82
Lot Size
0.10 AC
Zoning
IA1 - Industrial A-1
Frontage
74’ on Concord
AMENITIES
- Controlled Access
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | CAMB-000261-000000-000006 | Improvements Assessment | $198,338 CAD |
| Land Assessment | $787,324 CAD | Total Assessment | $985,661 CAD |
PROPERTY TAXES
Parcel Number
CAMB-000261-000000-000006
Land Assessment
$787,324 CAD
Improvements Assessment
$198,338 CAD
Total Assessment
$985,661 CAD
1 of 51
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
