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26-28 Surrey St #5

Riverside, Cambridge, MA 02138
$950,000
1,165 Living Area
  • Property Description
    Ready to sell with this new price! Great cap rate for this A+++ location. Attention Investors and end users. This retail condo comes with a secured parking space, exclusive usage basement, and one half bathroom. This is the only convenient store among many Harvard student dorms. The current tenant runs a very prosperous business which will provide the new owner a steady rent for now and will command much higher market rents after current lease expires. This Beer and Wine Convenient Store used to be named "Louie's Superette" for 50+ years until "Louie" retired 4 years ago. Generations of Harvard graduates had fond memories of this family run little store. This is an Estate Sale. Closing is subject to license to sell by Norfolk County Probate court.
  • Highlights
    • Area: Riverside
    • Parking Spots: 1
    • Unit Number: 5
    • Status: Active
    • HOA Fee: $310
    • Property Class: Commercial Sale
    • Year Built: 1988
  • Additional Details
    • Zoning: C1
    • Zoning Description: Legal Non-Conforming
  • Fees / Taxes
    • Buyer Agent Compensation: 2%
    • HOA Fee Includes: Insurance
    • Taxes: $3,254
    • HOA: Yes
    • Tax Year: 2024

Location

26-28 Surrey St #5, Cambridge, MA 02138

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