Cambridge, Massachusetts, is a prime location for investing in Office Properties For Sale, with a strong economy driven by education and technology. The city's proximity to prestigious institutions like Harvard University and MIT makes it an attractive hub for innovation and entrepreneurship. Office Properties in Cambridge offer a diverse range of investment opportunities, from Class A office spaces to smaller, more boutique-style offices. With amenities like high-speed internet, modern infrastructure, and a highly educated workforce, Cambridge is an ideal location for businesses looking to establish or expand their operations. The city's unique blend of academic and professional environments, combined with its convenient location near Boston, makes it an attractive destination for companies and entrepreneurs alike. Additionally, Cambridge is home to a range of cultural and entertainment attractions, including museums, public art installations, and cultural events, making it a great place to live, work, and visit.
With 3 Office Properties For Sale in Cambridge, investors have a wide range of options to choose from. The average price per square foot is $789 USD, with an average size of 7,399 square feet. The largest Office Property available is 14,856 square feet, offering ample space for businesses of all sizes. Cambridge is also home to a range of other property types, including Commercial Real Estate, which offers opportunities for retail and industrial investments. Apartment Buildings are another popular option, with many complexes located near public transportation hubs. Shopping Centers are also abundant, with many featuring a mix of local boutiques and national chain stores. Finally, Hotels are a great option for investors looking to capitalize on Cambridge's thriving tourism industry. Overall, Cambridge offers a unique blend of academic, professional, and cultural attractions, making it an attractive destination for investors and businesses alike.
What is the average price per square foot for office properties in Cambridge?
The average price per square foot for office properties in Cambridge is $789 USD per square foot, with an average size of 7,399 square feet and a largest size of 14,856 square feet, among the 3 available listings.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties in Cambridge, it's essential to understand the classification system, which categorizes properties based on factors such as age, condition, and amenities, to ensure you find the right fit for your business needs.
- Class A office properties are typically modern, high-rise buildings with top-notch amenities, advanced technology, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties are generally older, yet still well-maintained, with functional amenities and a more affordable price point, making them suitable for a wide range of businesses.
- Class C office properties are often older, with fewer amenities and potential maintenance issues, but offer a more budget-friendly option for startups, small businesses, or those with limited budgets.
