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26 Surrey St
1,165 SF Retail Condo Unit Offered at $1,099,000 in Cambridge, MA 02138
Property Facts
| Price | $1,099,000 | Building Class | C |
| Unit Size | 1,165 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 1,165 SF |
| Total Building Size | 1,165 SF | Year Built | 1988 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Property Subtype | Storefront | Parking Ratio | 0.86/1,000 SF |
| Sale Type | Investment |
| Price | $1,099,000 |
| Unit Size | 1,165 SF |
| No. Units | 1 |
| Total Building Size | 1,165 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,165 SF |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 0.86/1,000 SF |
1 Unit Available
Unit 1
| Unit Size | 1,165 SF | Sale Type | Investment |
| Price | $1,099,000 | Cap Rate | 5.00% |
| Price Per SF | $943.35 | NOI | $54,950 |
| Condo Use | Retail | No. Parking Spaces | 1 |
| Unit Size | 1,165 SF |
| Price | $1,099,000 |
| Price Per SF | $943.35 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $54,950 |
| No. Parking Spaces | 1 |
Description
This retail condo comes with a secured parking space, exclusive usage basement, and one half bathroom. This is the only convenient store among many Harvard student dorms. The current tenant runs a very prosperous business which will provide the new owner a steady rent for now and will command much higher market rents after current lease expires. This Beer and Wine Convenient Store used to be named "Louie's Superette" for 50+ years until "Louie" retired 4 years ago. Generations of Harvard graduates had fond memories of this family run little store. This is an Estate Sale. Closing is subject to license to sell by Norfolk County Probate court.
Sale Notes
one of the five units. Usable basement
Amenities
- 24 Hour Access
Nearby Major Retailers
zoning
| Zoning Code | C1 (Non-conforming retail condo in residential area.) |
| C1 (Non-conforming retail condo in residential area.) |
Learn More About Investing in Retail Properties
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Move2boston
26 Surrey St
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