REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,200,000
Est. payment /mo
New
25-29 River St Cambridge, MA 02139
9 Beds
13.5 Baths
2,876 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $1,112
MLS Listing ID 73422923
Bedrooms 9
Full Baths 9
Half Baths 9
Year Built 1937
Annual Tax Amount $12,457
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5+ Family - 5+ Units Side by Side
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.
Location
State MA
County Middlesex
Zoning C-1
Direction Please use GPS
Interior
Fireplaces Number 18
Exterior
Garage Spaces 9.0
Total Parking Spaces 9
Garage Yes
Building
Lot Description Other
Story 18
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Horvath & Tremblay