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Sozio Portfolio 2 Properties Offered at $2,999,000 in Cambridge, MA



EXECUTIVE SUMMARY
NEW! TWO COMMERCIAL PROPERTIES AT FRESH POND! Iconic Sozio appliance store is cleared and ready to sell. 493 Concord Ave is a 2-story building with basement, fronting on the corner of Concord Ave, New St and Bay State Ave. A neighborhood icon since 1950, it’s high ceilings (9'11" on first floor) and massive 8' 9" showroom windows set the stage for a great restaurant, retail store, specialty medical or other office with incredible visibility to passing foot and vehicle traffic. C-1A zoning enables developers to go up for residential building with top floors offering water views and dramatic city lights. This location, across from Fresh Pond Reservation is an end-user's dream; near nature trails, dog walking parks, city bus lines, Fresh Pond Shopping Mall (anchored by Whole Foods, Staples, Apple Cinema), the city's municipal golf course and highway access. Buyer to perform due diligence on measurements, zoning & permits. This property is being sold together with a second Sozio property two doors down at 483 Concord Ave (parking lot, $999,500). Total for both lots $2,999,000. Billboards not included. Don’t miss this opportunity to own one of Cambridge’s most unique and recognizable buildings! Call today!
PROPERTY FACTS
| Price | $2,999,000 | Number of Properties | 2 |
| Price / SF | $542.31 / SF | Individually For Sale | 0 |
| Sale Condition | High Vacancy Property | Total Building Size | 5,530 SF |
| Sale Type | Investment | Total Land Area | 0.14 AC |
| Status | Active |
| Price | $2,999,000 |
| Price / SF | $542.31 / SF |
| Sale Condition | High Vacancy Property |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,530 SF |
| Total Land Area | 0.14 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 483 Concord Ave, Cambridge, MA 02138 | Land | 0.08 AC | - | - |
| 493 Concord Ave, Cambridge, MA 02138 | Retail | 5,530 SF | 1950 | - |
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