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160 Sidney St
Cambridge, MA 02139
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Freestanding buildings
- Highly desired location
EXECUTIVE SUMMARY
Currently built out as premier office/flex space in Cambridge on Sidney St in the heart of MIT.
However, given the recent changes in the Cambridge zoning ordinance you are also allowed to convert the building into a residential development of six stories as of right which would result in a potential of 80 units.
SD-8 Zoning allows office, lab, R&D, light industry (including manufacturing), educational purposes (including dormitory), medical and health care use, local government use.
The building features two floors, and is composed of a mix of closed offices, open spaces, multiple conference rooms, large kitchen area, and multiple bathrooms featuring showers, a dedicated mother’s room, and ample natural light. The space was completely renovated a few years ago and has been 100% transformed at that time with the building brought back to the shell, and transformed into an exceptional 1st class setting which was formerly the corporate headquarters for a public life science company. Modern, bright, and functional with careful attention paid to even the smallest details. Architecture designed by Margolis & Fishman; construction performed by Siena.
Easily accessible by public transportation, and it has multiple public parking spaces on the street, and there are fifteen dedicated parking spaces as well.
A rare opportunity to own premier space in stand-alone buildings by Central Square, and MIT.
However, given the recent changes in the Cambridge zoning ordinance you are also allowed to convert the building into a residential development of six stories as of right which would result in a potential of 80 units.
SD-8 Zoning allows office, lab, R&D, light industry (including manufacturing), educational purposes (including dormitory), medical and health care use, local government use.
The building features two floors, and is composed of a mix of closed offices, open spaces, multiple conference rooms, large kitchen area, and multiple bathrooms featuring showers, a dedicated mother’s room, and ample natural light. The space was completely renovated a few years ago and has been 100% transformed at that time with the building brought back to the shell, and transformed into an exceptional 1st class setting which was formerly the corporate headquarters for a public life science company. Modern, bright, and functional with careful attention paid to even the smallest details. Architecture designed by Margolis & Fishman; construction performed by Siena.
Easily accessible by public transportation, and it has multiple public parking spaces on the street, and there are fifteen dedicated parking spaces as well.
A rare opportunity to own premier space in stand-alone buildings by Central Square, and MIT.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
14,856 SF
Building Class
B
Year Built/Renovated
2005/2022
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,428 SF
Building FAR
1.26
Lot Size
0.27 AC
Zoning
SD8 - Mixed Use Commercial - SD 8 Zoning
Parking
15 Spaces (1.01 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bio-Tech/ Lab Space
- Bus Line
- Controlled Access
- Conferencing Facility
- Courtyard
- Metro/Subway
- Security System
- Signage
- Skylights
- Kitchen
- Roof Terrace
- Storage Space
- Bicycle Storage
- Central Heating
- Fully Carpeted
- High Ceilings
- Natural Light
- Plug & Play
- Reception
- Shower Facilities
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Number | CAMB-000067-000000-000014 | Improvements Assessment | $2,108,600 |
| Land Assessment | $2,426,900 | Total Assessment | $4,535,500 |
PROPERTY TAXES
Parcel Number
CAMB-000067-000000-000014
Land Assessment
$2,426,900
Improvements Assessment
$2,108,600
Total Assessment
$4,535,500
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