Redevelopment or Owner-User Opportunity 1 Retail Properties in Cambridge, MA

Godino & Company, Inc. is excited to present a rare and valuable development opportunity at 1252 Cambridge Street and 323-329 Prospect Street in Cambridge. Located in the heart of Inman Square, this property offers significant potential for a mixed-use development featuring residential units above vibrant ground-floor commercial spaces.
Inman Square is renowned as one of Cambridge’s premier dining destinations, home to a diverse collection of well-established, highly regarded restaurants. This neighborhood's stability, strong foot traffic, and lasting appeal make it an ideal location for development.
Situated at the prominent corner of Cambridge Street and Prospect Street, the site boasts excellent visibility and accessibility. It is within walking distance of Kendall Square, a leading hub for technology, biotechnology, and innovation. The surrounding area is home to more than 40 restaurants, various retail amenities, and a dense concentration of office users across multiple sectors.
The property is conveniently located just a five-minute walk from Union Square and is close to Central Square, with multiple public transportation options nearby. Additionally, this site presents an attractive opportunity for an owner-user, such as a restaurateur, to occupy the ground floor while generating income by leasing the upper level as office space.
The inclusion of six on-site parking spaces adds significant value in this high-demand urban location. The property also has strong revenue potential, driven by delivery demand and its proximity to major academic institutions such as Harvard University and the Massachusetts Institute of Technology, both within two miles.
Please note that the conceptual renderings are for illustrative purposes only and do not represent the existing structure. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, permitting, approvals, and development feasibility.