89 Main Street, Cambridge

Living area: 37404 square feet
Type: Commercial
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 1 week ago
Listed by: Corcoran Horizon Realty
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Listing description
This Commercial listing at 89 Main Street Cambridge, ON with the MLS Number 40749288 listed by SY WILLIAMS - Corcoran Horizon Realty on the Cambridge market 1 month ago at $4,999,900.

Prime Investment Opportunity 89 Main St, Cambridge! Located in the heart of downtown Cambridge, 89 Main St presents a fantastic investment opportunity with high potential for strong returns. This well-maintained property offers a total of 37,404 sq ft, with 33,176 sq ft of leasable space, including a 6,064 sq ft large open basement that was previously used as a public recreational and entertainment space ideal for creative re-use or tenant customization. The building was fully renovated and updated when it was acquired, including upgrades to major building systems. At that time, it was thoughtfully converted into a multi-tenant retail property, offering multiple commercial units with strong retail exposure. This setup is ideal for investors seeking to diversify their portfolio or establish a steady rental income stream. Anchored by two nationally recognized brand-name tenants on long-term leases, this property ensures stability and consistent cash flow. Positioned in a high-exposure, high-foot-traffic area, the building enjoys excellent visibility on one of the city's most vibrant and traveled streets. With an excellent cap rate and a highly competitive cost per square foot, this property stands out as a smart, value-driven acquisition. Surrounded by established businesses, restaurants, and amenities, its perfectly situated to attract both tenants and customers. Don't miss out on this rare opportunity to own a commercial gem in one of Cambridges most sought-after locations. (id:1945)

Property Details Key information about 89 Main Street

Exterior Features:
- Metal
- Colour Loc
- Masonite

Interior Features Discover the interior design and amenities

Basement: Full

Exterior & Lot Features Learn about the exterior and lot specifics of 89 Main Street

Water Source: Municipal water
Lot Size Units: acres
Lot Size Dimensions: 0.35

Utilities & Systems Review utilities and system installations

Sewer: Municipal sewage system

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Nearby Listings Stat Estimated price and comparable properties near 89 Main Street

Active listings

Min Price

$649,900

Max Price

$4,999,900

Avg Price

$2,133,267

Days on Market

37 days

Sold listings

Min Sold Price

$599,900

Max Sold Price

$819,900

Avg Sold Price

$746,567

Days until Sold

49 days

Nearby Places Nearby schools and amenities around 89 Main Street

Bunker Hill Community College (1.7 km)
250 Rutherford Ave, Charlestown

New England Conservatory (2.4 km)
290 Huntington Ave, Boston

Simmons College (3 km)
300 Fenway, Boston

Boston Latin School (3.2 km)
78 Avenue Louis Pasteur, Boston

Massachusetts General Hospital (1 km)
55 Fruit St, Boston

Museum of Science (1 km)
1 Science Park, Boston

Museum of Fine Arts (2.7 km)
465 Huntington Ave, Boston

Boston Children's Museum (2.8 km)
308 Congress St, Boston

Isabella Stewart Gardner Museum (3 km)
280 Fenway, Boston

Copley Square (1.4 km)
560 Boylston St, Boston

The Shops at the Prudential Center (1.5 km)
800 Boylston St, Boston

Faneuil Hall Marketplace (2.1 km)
4 S Market St, Boston

Suffolk University (1.6 km)
8 Ashburton Pl, Boston

Emerson College (1.7 km)
120 Boylston St, Boston

TD Garden (1.6 km)
100 Legends Way, Boston

Fenway Park (2.2 km)
4 Yawkey Way, Boston

John B. Hynes Veterans Memorial Convention Center (1.7 km)
900 Boylston Street, Boston

Orpheum Theatre (1.7 km)
1 Hamilton Pl, Boston

Boston Symphony Orchestra (2.2 km)
301 Massachusetts Ave, Boston

AMC Loews Boston Common 19 (1.7 km)
175 Tremont St, Boston

Berklee College of Music (1.9 km)
Boston

Cheers (2.1 km)
1 S Market St, Boston

InterContinental Boston (2.5 km)
510 Atlantic Ave, Boston

New England Aquarium (2.6 km)
1 Central Wharf, Boston

Price History

Listed

July 8, 2025

by Corcoran Horizon Realty

Commercial For Sale