$3,200,000

Estimated payment $18,440/month

Total Views 1,738
0.15 Acre
$21,333,333 Price per Acre
6,534 Sq Ft Lot

About This Lot

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.

Listing Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 08/28/2025

Co-Listing Agent

John Pentore

Horvath & Tremblay

Co-Listing Agent

Dennis Kelleher

Horvath & Tremblay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,457

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned C-1

Utilities

  • Electricity To Lot Line

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$12,457

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • MAIN LO: AN2723

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: Other (See Remarks)
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • PAGE: 221

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12457
  • Tax Book Number: 70448

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $3,200,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73422924

MLS Property Information Network (MLS PIN)