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815 Somerville Ave 23 084 pi² Bureau Immeuble Cambridge, MA 02140 À vendre
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Faits saillants de l'investissement
- Exceptional Porter Square Location
- Fully Approved Lab Conversion
- User-Occupant Purchase Opportunity
- High Density Zoning
- Transit Oriented
Résumé de l'annonce
Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 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 and 18 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. Porter Square is a vibrant, culturally diverse neighborhood known for its lively mix of unique shops and eclectic food scene (from budget-friendly to ethnic), as well as major retail with Star Market, Target, Tags Hardware and CVS, among others. The square blends urban energy with local charm, featuring public art, walkable areas, and a strong connection to Lesley University, creating an authentic, bustling hub for students, professionals, and residents.
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(apartments or condominiums), re-tenanting the existing office space, or utilizing the in-place approvals (recently obtained by the ownership) to retrofit the building for laboratory/ R&D tenancy. In addition, the property represents a rare purchase opportunity for an end-user/tenant (office or life science) seeking to reap the significant benefits of ownership. 815 Somerville Ave is a unique asset and investment opportunity that is available immediately for occupancy or redevelopment.
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. Porter Square is a vibrant, culturally diverse neighborhood known for its lively mix of unique shops and eclectic food scene (from budget-friendly to ethnic), as well as major retail with Star Market, Target, Tags Hardware and CVS, among others. The square blends urban energy with local charm, featuring public art, walkable areas, and a strong connection to Lesley University, creating an authentic, bustling hub for students, professionals, and residents.
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(apartments or condominiums), re-tenanting the existing office space, or utilizing the in-place approvals (recently obtained by the ownership) to retrofit the building for laboratory/ R&D tenancy. In addition, the property represents a rare purchase opportunity for an end-user/tenant (office or life science) seeking to reap the significant benefits of ownership. 815 Somerville Ave is a unique asset and investment opportunity that is available immediately for occupancy or redevelopment.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
23 084 pi²
Classe d’immeuble
C
Année de construction
1917
Location
Unique
Hauteur du bâtiment
3 étages
Superficie de plancher typique
7 695 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
2,21
Taille du lot
0,24 AC
Zonage
B
Stationnement
18 places (0,78 places par 1 000 pi² loué)
Commodités
- Bio-tech/Laboratoire
- Ligne d'autobus
- Train de banlieue
- Entreposage de vélo
Exceptionnellement praticable à pied
90/100
Moyennement facile d’accès en voiture
60/100
Transports en commun exceptionnels
90/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | CAMB-152 52E | Évaluation des bâtiments | 9 498 874 $ CAD |
| Évaluation du terrain | 5 194 164 $ CAD | Évaluation totale | 14 693 038 $ CAD |
Impôts fonciers
Numéro de lot
CAMB-152 52E
Évaluation du terrain
5 194 164 $ CAD
Évaluation des bâtiments
9 498 874 $ CAD
Évaluation totale
14 693 038 $ CAD
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815 Somerville Ave
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