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.
— MLSPIN #: 73422923Map of 25-29 River St, Cambridge, MA 02139
List Price: | $3,200,000 |
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Status: | Active |
MLS ID: | 73422923 |
Town: | Cambridge |
County: | Middlesex |
Zip: | 02139 |
Property Type: | Residential Income |
Property Sub Type: | 5+ Family - 5+ Units Side by Side |
Bedrooms: | 9 |
Full Baths: | 9 |
Half Baths: | 9 |
Living Area: | 2,876 sqft |
Acres: | 0.15 |
Taxes: | 12,457 |
Lot Features: | Other |
Status: | Active |
Water Source: | Public |
Year Built: | 1937 |
Directions: | Please use GPS |
Foundation Details: | Other |
Listing Contract Date: | 2025-08-28 |
Fireplace?: | Yes |
Garage?: | Yes |
Lot Size Area: | 0.15 |
Lot Size Square Feet: | 6,534 |
Fireplaces Total: | 18 |
Rooms Total: | 18 |
Bathrooms Total Integer: | 18 |
Building Area Source: | Public Records |
Building Area Total: | 2,876 |
Levels: | 18 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 9 |
Sewer: | Public Sewer |
Zoning: | C-1 |
Covered Spaces: | 9 |
Garage Spaces: | 9 |
Stories Total: | 18 |
Year Built Source: | Public Records |
Farm Land Area Units: | Square Feet |
Gross Income: | $12,096 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 9 |
Flrs 2: | 9 |
Lead Paint: | Unknown |
Lease 1: | No |
Lease 2: | No |
Levels 1: | 9 |
Levels 2: | 9 |
Listing Alert: | No |
List Price Per Sqft: | $1,112.66 |
Page: | 221 |
Price Per Sqft: | $1,112.66 |
Square Feet Incl Base: | No |
Net Operating Income: | $12,096 |
Original List Price: | $3,200,000 |
Parking Total: | 9 |
Tax Assessed Value: | $1,049,900 |
Tax Year: | 2025 |
Total Actual Rent: | $1,008 |
Year Built Details: | Approximate |
Bedrms 1: | 9 |
Bedrms 2: | 9 |
F Bths 1: | 9 |
F Bths 2: | 9 |
H Bths 1: | 9 |
H Bths 2: | 9 |
Rent1: | 999 |
Rent2: | 9 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on September 16, 2025 06:35 PM
Property Last Updated: September 03, 2025 03:28 AM
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team