372 Memorial DriveCambridge, MA 02139MLS Number 72703385

  • Price: $8,000,000
  • 54 Days on Market
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Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
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372 Memorial Drive Cambridge MA 02139372 Memorial Drive Cambridge MA 02139372 Memorial Drive Cambridge MA 02139372 Memorial Drive Cambridge MA 02139372 Memorial Drive Cambridge MA 02139372 Memorial Drive Cambridge MA 02139
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  • 0.16Acreage
  • 1880Year Built
  • 15,734Square Feet

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This unique & iconic generational asset and location, directly adjacent to the MIT campus, along the Charles River, is available as a co-development opportunity for a builder/developer/owner to build a structure for themselves as well as another for TDC. Originally the house of an MIT chancellor, the grand dame at 372 Memorial Drive boasts large rooms, a commercial kitchen, decks and balconies on every floor, and a basement for social gatherings. The Theta Delta Chi five-story waterfront mansion offers the feel of a fraternity house, the beauty of the Charles River, and the convenience of the MIT campus and facilities. A future date will be announced for in-person showings (and Covid 19 protocols must be followed), with a call for offers thereafter - in the meantime, to get on the list, please inquire regarding the details and an NDA.
Listed by Albert Bouchie and Mac Chinsomboon of Coldwell Banker Realty - Back Bay

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More Info

Parking

  • Parking Spaces
  • Total Parking Spaces

Building

  • Year Built1880
  • Total Units12
  • Total Bldg Sf15734
  • Rsu Units12
  • No Buildings1
  • No Stories4
  • Entry OnlyNo
  • Assessed Value Bldg1382900

Photos

  • Photo Date2020-08-04T10:19:00
  • Number of Photos6

Basic Information

  • MLS Number72703385
  • Prop TypeCI
  • Status Date2020-08-04T10:19:00
  • Date Listed08/04/2020
  • List Price$8,000,000
  • Price Per Square Foot$508
  • LeaseNo
  • DirectionMemorial Drive, MIT campus, along the Charles River with water views
  • MLS StatusActive

Location

  • StreetMemorial Drive
  • TownCambridge
  • StateMA
  • Zip02139
  • CountyMiddlesex

Property

  • Acreage0.16
  • Space AvailableFor Sale
  • Square Feet15,734
  • SubletNo
  • Lot Size7000
  • Assessed Value Land970100
  • Main LoK95001

Other

  • Modification Date2020-08-17T09:07:00
  • Property TypeLand
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresThis is a co-development opportunity for a builder/owner to possibly obtain Charlies River adjacent property. MIT is a named exclusion.
  • Book736
  • Listing AgreementER w/ Named Exclusion
  • Rsf Bldg Sf12562
  • ExchangeNo
  • Firm Rmk1Please provide some notice to show - because the tenants do not know that the owners are exploring a sale - so please do not stalk the property nor speak with any occupants or bypassers. Please ask for the NDA and more info.
  • Page194
  • View Count67
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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