Aurel Garban's Blog
This Commercial in Cambridge, MA recently sold for $3,100,000. This style home was sold by Aurel Garban - Unlimited Sotheby's International Realty.
8 Winter St., Cambridge, MA 02141
Type of Comm.
Premium location in East Cambridge on the corner of Third Street and Monsignor O'Brien Highway. Excellent opportunity for redevelopment and is conveniently located inside of the ECHO (East Cambridge Housing Overlay) district. Existing zoning is BA (Business A) which allows for numerous uses including residential single and multifamily housing, lodging house, health care, office, retail, mixed-use, marijuana dispensary and more. Extremely close proximity to Boston proper, Cambridge crossing, Kendall Square, Green & Redline T-stops, and Rt. I-90 & I-93. The property sits amidst the densest concentration of intellectual property in the world including 62 public companies with a combined market value of $170 billion. The parcel further offers on-site parking, handicap accessibility, and many possibilities to reposition the site to match the rapidly growing neighborhood around it.