727 Mass Ave

727 Mass Ave benefits from its strategic location nearby a variety of public transit options. Central Square Station, part of the MBTA’s red line, is located across the street from the property and provides residents with access to Harvard Station, Kenmore, and Charles/ MGH in just minutes. With over 80 Blue Bike Stations and a walk score of 97, Cambridge is a well connected city.Boston Realty Advisors is pleased to present the rare opportunity to acquire the historic Cambridge Gas Light Building located at 727 Mass Ave. The highly functional +/- 26,000 SF commercial building is situated in the heart of Central Square and offers investors the opportunity to acquire a generational asset in one of the most innovative and in demand submarkets in the world. In addition to its current configuration, 727 Mass Ave dually serves as an attractive redevelopment opportunity and is fully approved for a luxury apartment hotel, office, and retail concept. Approvals call for the renovation of the three existing floors to accommodate 20,000 SF of office space and retail. A vertical addition of +/- 34,000 SF atop the historic building would house 36 luxury apartment style hotel suites, enhancing the gross building SF to a total of +/-54,000. The suites are entitled to offer a diverse range of configurations, including studios, one- and two-bedroom concepts, and feature a well-equipped kitchenette, dining area, lounge, and variety of in-room luxury amenities. The asset is driven by its premier location in the City of Cambridge. With unparalleled proximity to world renowned universities, a highly skilled workforce, and its relativity to downtown Boston, Cambridge remains one of the strongest destinations for retail concepts, office space, and lodging. 727 Mass Ave offers investors the opportunity to purchase a highly functional commercial building that is fully approved for a luxury mixed use hotel redevelopment. 727 Mass Ave is offered for sale on an un priced basis. Boston Realty Advisors will be conducting tours of the property within the coming weeks with a “call-for-offers” to follow.