372 Memorial Dr
Cambridge, MA 02139
Land For Sale
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0.16 AC
Property Facts
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Commercial | Total Lot Size | 0.16 AC |
| Zoning | C3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.16 AC |
| Zoning | C3 |
Description
This unique & iconic generational asset and location, directly adjacent to the MIT campus, along the Charles River, is available as a co-development opportunity for a builder/developer/owner to build a structure for themselves as well as another for TDC. Originally the house of an MIT chancellor, the grand dame at 372 Memorial Drive boasts large rooms, a commercial kitchen, decks and balconies on every floor, and a basement for social gatherings. The Theta Delta Chi five-story waterfront mansion offers the feel of a fraternity house, the beauty of the Charles River, and the convenience of the MIT campus and facilities. A future date will be announced for in-person showings (and Covid 19 protocols must be followed), with a call for offers thereafter - in the meantime, to get on the list, please inquire regarding the details and an NDA.
Property Taxes
| Parcel Number | CAMB-000058-000000-000163 | Improvements Assessment | $4,127,800 |
| Land Assessment | $1,084,400 | Total Assessment | $5,212,200 |
Property Taxes
