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 #: 73422924Map of 25-29 River St, Cambridge, MA 02139
List Price: | $3,200,000 |
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Status: | Active |
MLS ID: | 73422924 |
Town: | Cambridge |
County: | Middlesex |
Zip: | 02139 |
Property Type: | Land |
Property Sub Type: | Residential |
Acres: | 0.15 |
Taxes: | 12,457 |
Lot Features: | Other |
Status: | Active |
Water Source: | Public |
Directions: | Please use GPS |
Electric: | On-Site |
Listing Contract Date: | 2025-08-28 |
Lot Size Area: | 0.15 |
Lot Size Square Feet: | 6,534 |
Bathrooms Total Integer: | 0 |
Gas: | Other (See Remarks) |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Sewer: | Public Sewer |
Zoning: | C-1 |
Electric On Property?: | Yes |
Farm Land Area Units: | Square Feet |
Listing Agreement: | Exclusive Right To Sell |
Disclosure: | No |
Dpr Flag: | No |
Listing Alert: | No |
Page: | 221 |
Original List Price: | $3,200,000 |
Tax Assessed Value: | $1,049,900 |
Tax Year: | 2025 |
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MLS Property Information Network, Inc. data last updated on September 16, 2025 06:35 PM
Property Last Updated: September 03, 2025 02:39 AM
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team