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135-139A Cambridge St - 135-139A Cambridge St. Burlington, MA 2.53 Acres of Commercial Land Offered at $6,500,000 in Burlington, MA 01803

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EXECUTIVE SUMMARY

135-139A Cambridge Street is comprised of four separate tax parcels totaling 2.5-acres. The front portion of 135 Cambridge Street is improved with a +/-17,000 SF two-story warehouse building that was constructed in 1950, and the rear of the site is improved with approximately 6,075 SF single-story show room that was constructed in 1985 and substantially renovated in 2016. The site includes a large paved parking lot with approximately 100 striped spaces. 137 Cambridge Street is improved with a vacant ranch-style +/-814 square foot single-family home constructed in 1951. 139A Cambridge Street is improved with a vacant two-story +/- 1,355 square foot single family home constructed in 1983.
Offering Summary:
• Large 2.5-Acre development site
• General Business zoning district and Central Business District overlay afford a variety of potential uses
• 320 Feet of frontage along desirable Cambridge Street/Route 3A
• Adjacent to Burlington Town Center, The Town Common, and Simonds Park
• 1 mile from the I-95 via exit 51
• Robust nearby retail amenities, including the Shoppes at Simonds Park and the 1.3 million SF Burlington Mall
• Population of 64,696 within 3 miles with an average household income of $148,512

PROPERTY FACTS Under Contract

Price $6,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units - Senior
Total Lot Size 2.53 AC
No. Stories 2
Zoning BG - Commercial

1 LOT AVAILABLE

Lot

Price $6,500,000
Price Per AC $2,569,169.96
Lot Size 2.53 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BURL-000029-000000-000137
Land Assessment
$916,000
Improvements Assessment
$1,377,200
Total Assessment
$2,293,200
  • Listing ID: 34096622

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 135-139A Cambridge St, Burlington, MA 01803

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