154 Cambridge StBurlington, MA 01803
- Mixed-use properties
- 25,988 SF
Property Details for 154 Cambridge St
- Year built
- 2017
- Construction
- STEEL FRAME
- Lot size
- 4.63 AC
- Property size (Sq ft)
- 25,988 SF
- Zone code
- BG
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- BURL M:000023 P:000245
- APU
- BURLM000023P000245
Description
The Shoppes at Simonds Park offers two exceptional retail spaces, totaling 1,901 to 2,273 square feet, in a vibrant new development at the intersection of Cambridge Street (Route 3A) and Center Street in Burlington, MA. This prime location boasts high visibility and foot traffic, situated in the heart of Burlington, offering unparalleled convenience and accessibility. One space is a corner restaurant space designed to accommodate up to 150 seats, with the added benefit of seasonal patio seating. Importantly, an approved liquor license is included with this space. The property's strategic location places it within walking distance of the Town Recreation Department, Town Common, Simonds Park, Grandview Farm, banks, the post office, a grocery store, and other essential retailers, ensuring a strong customer base. The development also includes 29 residential units, further enhancing the potential for consistent foot traffic and patronage. Pylon signage is available, providing excellent opportunities for branding and visibility. This is an exceptional opportunity for businesses seeking a high-traffic, well-located space in a thriving community. The flexible space is suitable for a variety of uses, including retail, restaurant, office, or gym. Multiple tenancy options are available. Contact us today to learn more about these exceptional spaces.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,296,592
- 6.5%
- $3,966,086
- 7%
- $3,682,794
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,395,592
- Geo Method
- $3,395,592
-
Alternative Use
- Use
- Valuation
- Residential
- $4,917,946
- Hospitality
- $4,504,812
- Educational
- $3,747,951
- Medical
- $3,876,848
- Retail
- $5,830,146
Location Insight
- City
- Burlington
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.5078
- Longitude
- -71.1957
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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