19-unit development opportunity in the heart of Kendall Square. Situated near MIT and in close proximity to the Red and Green T lines, with quick access to Beacon Hill, Mass General, and Harvard Square. Surrounded by global leaders like Google, Microsoft, Amazon, Pfizer, and Biogen, this prime location offers immense potential for high-end residential living. The demand for housing in this area is constant, making this project an excellent investment for developers. With approvals in place, this is an incredible opportunity to build in a thriving neighborhood with exceptional growth and ROI potential. Don’t miss your chance to develop in one of the most dynamic markets in the world.
— MLSPIN #: 73305930Map of 231-235 Third Street, Cambridge, MA 02142
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| List Price: | $4,250,000 |
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| Status: | Active |
| MLS ID: | 73305930 |
| Town: | Cambridge |
| County: | Middlesex |
| Zip: | 02142 |
| Property Type: | Land |
| Property Sub Type: | Commercial |
| Acres: | 0.13 |
| Lot Features: | Level |
| Status: | Active |
| Water Source: | Public |
| Directions: | Located in the heart of Kendall Square |
| Electric: | Other (See Remarks) |
| Listing Contract Date: | 2024-10-24 |
| Lot Size Area: | 0.13 |
| Lot Size Square Feet: | 5,523 |
| Bathrooms Total Integer: | 0 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other |
| Gas: | Other (See Remarks) |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | IA-1 |
| Disclosures: | Approved development set. This is not shovel ready. Buyer needs to put together the permit set. Please see the attached file for additional details. Attachments are directly from Developer. Buyer/Buyers Agent to do all due diligence. |
| Farm Land Area Units: | Square Feet |
| Listing Agreement: | Exclusive Right To Sell |
| Disclosure: | No |
| Dpr Flag: | No |
| Listing Alert: | No |
| Page: | n/a |
| Original List Price: | $4,250,000 |
| Tax Assessed Value: | $1,072,200 |
| Tax Year: | 2024 |
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MLS Property Information Network, Inc. data last updated on November 23, 2024 05:25 AM
Property Last Updated: October 28, 2024 03:10 AM
Listing Courtesy of: Compass
Listing Agent: Denman Drapkin Group
617-702-4842
