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As-of-right development opportunity in East Cambridge under the City’s new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner’s position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.
- Country:
- US
- State:
- MA
- County:
- Middlesex
- City:
- Cambridge
- Street:
- 8th St
- Street Number:
- 47-53R
- Postal Code:
- 02141
- HOA Fee:
- 0
- Community Features:
- Public Transportation, Shopping, Park, Public School, T-station
- Electric:
- On-Site, Other (See Remarks)
- Lot Size:
- 0.11
- Property Type:
- Residential
- Sewer:
- Public Sewer, Other, On-site
- Zoning:
- C1
- Living Area (sqft):
- 0
Land For Sale
47-53R 8th St, Cambridge, Massachusetts 02141
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $2,995,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Year Built :
- 0
- Status :
- Active
