Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

25-29 River St

Cambridge, MA ID #73422923

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25-29 River St

- Cambridge, MA ID #73422923

Property Description

25-29 River Street is a prime re-development opportunity situated in an incredible urban-infill location in Cambridge's Central Square. Consisting of 0.15-acres (6,534 square feet), the Property is zoned C-1 Neighborhood Commercial District, one of the most versatile zoning designations in Cambridge. The Property is currently leased to Enterprise Car Rental. Enterprise has been at this location since 2012 and has just over 2 years remaining on their lease without any renewal options. Future Development Options: (1) Three Story Multifamily (35') - 9,999 SF of Development. By-right Option. (2) Six Story Multifamily (66') - 22,902 SF of Development. Option requires Site Plan Review and 20% Affordable Component. (3) Three Story Townhome - 9,999 SF of Development (5 units) By-right Option. 25-29 River Street offers the rare opportunity to acquire an exceptionally well-located development parcel that offers secure income for the next 2+ years.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Side by Side
  • Zip Code: 02139
  • Taxes: 12,457
  • Levels: 18
  • Acres: 0.15

Parking

  • Garage: 9
  • Garage Capacity: 9
  • Parking Spaces: 9

Rooms/Dimensions

  • Total Units: 9
  • Total Floors: 18
  • Total Rooms: 18

Location

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25-29 River St, Cambridge, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kelleher - Pentore Team of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.