Burlington, MA 01803,169-175 Cambridge Street
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Burlington, MA 01803,169-175 Cambridge Street
Burlington, MA 01803,169-175 Cambridge Street
Burlington, MA 01803,169-175 Cambridge Street
Burlington, MA 01803,169-175 Cambridge Street

$2,550,000

Est. payment /mo

$2,650,000

3.8%
Est.Price: ?

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169-175 Cambridge Street Burlington, MA 01803

12,395 SqFt

SOLD DATE : 04/10/2023

Key Details

Sold Price $2,550,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 12,395 sqft

Price per Sqft $205

MLS Listing ID 73022988

Sold Date 04/10/23

Year Built 1975

Property Description

Opportunity to purchase three commercial parcels located at a lighted intersection totaling 1.16 +/- acres improved with three buildings for a total of 12,395 +/- square feet at 169-175 Cambridge Street in Burlington, Massachusetts. The three parcels include 169 Cambridge Street (0.140 Acres), 171 Cambridge Street (0.483 Acres; 4,800 sf building) and 173-175 Cambridge Street (0.535 Acres; 3,972 sf & 3,623 sf buildings). Relatively short-term leases with multiple tenants at the properties provide immediate cash flow but flexibility to add value and create upside through redevelopment or increasing rents. These highly visible properties are located in the densely populated and affluent neighborhood of Burlington, MA which is a suburb located 20 minutes north of Boston. The properties have excellent frontage, ample parking and access from a lighted intersection. The properties benefit from strong traffic counts on Cambridge Street and the surrounding retailer synergies.

Location

State MA

County Middlesex

Direction The property is located at the intersection of Cambridge Street and Winn Street.

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Listed by Summit Realty Partners
Bought with Joginder Saini • New Home Realty
Katie Gellenbeck

Katie Gellenbeck

Advisor | License ID: 9558572

+1(206) 852-2256

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