305 Broadway, Cambridge, MA

$3,995,000

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2

Beds

Baths

7,576

Square feet

0.13

Acres

About 305 Broadway

Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge's dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge’s progressive community and capitalize on the city's push for sustainable urban growth. An iconic development opportunity.

Features of 305 Broadway

MLS® # 73432171
Price $3,995,000
Bedrooms 2
Bathrooms 2.50
Full Baths 2
Half Baths 1
Square Footage 7,576
Acres 0.13
Year Built 1840
Type Residential Income
Sub-Type 5-9 Family
Status Active

Community Information

Address 305 Broadway
City Cambridge
County Middlesex
State MA
Zip Code 02139

Amenities

Parking Spaces 2
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories 3

Exterior

Lot Description Corner Lot, Level
Foundation Stone, Brick/Mortar

Additional Information

Zoning C-1

Listing Details

Agent Donahue + Greene Group
Office Compass

Listing Map

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