Building for sale and presenting an exceptional investment opportunity in the highly sought-after Inman Square, Cambridge. This mixed-use property features a fully licensed bar and restaurant on the ground floor, offering significant revenue potential. Additionally, the building comprises two residential units above, ensuring multiple income streams. Located just a short distance from the newly opened Green Line stop in Union Square, this property benefits from excellent accessibility. Its proximity to public transportation makes it an attractive choice for both tenants and patrons. Seize the opportunity to own this income-generating property in the vibrant City of Cambridge, MA, boasting an impressive cap rate. Don’t miss out on this prime investment in one of the most dynamic areas of Cambridge.
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Last Updated: October 8th, 2024 at 1:13am
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General Information for 1191 Cambridge, Cambridge, Massachusetts 02139
Property TypeCommercial Sale
Price$3,500,000
MLS #73283115
List Date2024-08-29
Special Listing ConditionsNo
StateMassachusetts
Street NameCambridge
Unit
CityCambridge
Zip Code02139
CountyMiddlesex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total3484
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress1191 Cambridge, Cambridge MA 02139
Zoning
Zoning DescriptionLegal Non-Conforming
Business TypeNo
Interior Features for 1191 Cambridge, Cambridge, Massachusetts 02139
* Approx. Living Area Total3,484 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 1191 Cambridge, Cambridge, Massachusetts 02139
* Parking Spaces0
* Year Built1900
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 1191 Cambridge, Cambridge, Massachusetts 02139
Buyer Agent Compensation2
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 1191 Cambridge, Cambridge, Massachusetts 02139
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$3,500,000
Lifestyle Information for 1191 Cambridge, Cambridge, Massachusetts 02139
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 1191 Cambridge, Cambridge, Massachusetts 02139
Marketing History for 1191 Cambridge, Cambridge, Massachusetts 02139
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 1191 Cambridge, Cambridge, Massachusetts 02139