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Massachusetts Ave Development Portfolio
Cambridge, MA Riverside

Price Upon Request

Portfolio For Sale  •  12,893 SF

2 Properties View all

Property Details

  • Property Type Unknown
90 Transit Score
100 Walk Score

Highlights

896-898 Massachusetts Avenue and 52 Hancock Street offer a prime development opportunity with updated zoning between Harvard and Central Squares.
Zoning now permits up to 75 feet or approximately six stories of new residential construction, with the potential for a separate four-story building.
Located just a five-minute walk to the Harvard MBTA Red Line station, offering exceptional transit access throughout Cambridge and Greater Boston.
Positioned in the Harvard-MIT submarket, a high-demand rental corridor with strong demographics and one of the lowest vacancy rates in the country.
Surrounded by 237,500 residents within 2 miles and an average household income above $130,500, supporting sustained, long-term rental demand.
Current residential leases expire in August, transitioning to tenant-at-will status, supporting a smooth development timeline with minimal disruption.

Public Transportation

Commuter RailDriveWalkDistance
Porter Square (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 4 min - 1.8 mi
Yawkey (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Central Square Station (Red Line - Massachusetts Bay Transportation Authority Subway (The T)) 1 min 6 min 0.3 mi
Harvard Square Station (Red Line - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 16 min - 6.1 mi
Anthony Coppola 617-719-3405 Coldwell Banker
Anthony Coppola 617-719-3405 Coldwell Banker