253 Cambridge St, Cambridge, MA 02141
View Map
$1,798,000
Type: Mixed Use
Lease Type N/A
2922 Bldg. SQFT
3 Restroom
Parking: N/A

Property Description

Very rare to the market mixed-use property in this prime Cambridge location, just minutes from Kendall Square, MIT, Inman Square, and Lechmere Station. This 3-story brick building features a street-level restaurant and 2 residential units above. All 3 units are Tenant-at-Will and well below market rent, offering exceptional repositioning for rent increases. The restaurant space has excellent visibility along Cambridge Street and tremendous branding potential. Styled as a unique concept like "The Record Room", a nod to its across the street proximity to the Middlesex South Registry of Deeds, the concept could flourish with the tagline: “Where Deals Get Sealed.” Get creative with it and capitalize on this high-yield opportunity! Ideal for restaurant owners or entrepreneurs looking to capitalize on a versatile income-producing property in a high-demand location. Showings by appointment only. Please do not disturb the restaurant tenant. Also listed under Multi-Family MLS #73367367.

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73367367

Financial

  • Gross Annual Income: 98400

Building Information

  • Total SQFT: 2922
  • Total Restrooms: 3

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/30/2025New$1,798,000$615MLSPIN
04/30/2025New$1,798,000$615MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Chad Myers, Mr. Chaddles Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-04 04:05:00

Related Properties