25-29 River Street is a prime re-development opportunity situated in an incredible urban-infill location in Cambridge's Central Square. Consisting of 0.15-acres (6,534 square feet), the Property is zoned C-1 Neighborhood Commercial District, one of the most versatile zoning designations in Cambridge. The Property is currently leased to Enterprise Car Rental. Enterprise has been at this location since 2012 and has just over 2 years remaining on their lease without any renewal options. Future Development Options: (1) Three Story Multifamily (35') - 9,999 SF of Development. By-right Option. (2) Six Story Multifamily (66') - 22,902 SF of Development. Option requires Site Plan Review and 20% Affordable Component. (3) Three Story Townhome - 9,999 SF of Development (5 units) By-right Option. 25-29 River Street offers the rare opportunity to acquire an exceptionally well-located development parcel that offers secure income for the next 2+ years.
Listed by John Pentore
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Horvath & Tremblay
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781-776-4004
Listed by Dennis Kelleher
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Horvath & Tremblay
Listed by Kelleher - Pentore Team
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Horvath & Tremblay
Last updated September 01, 2025
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Source: MLSPin #73422923
Listing Facts
TypeMulti-family
NeighborhoodRiverside
Bedrooms9
Bathrooms18
Days on Prevu9
Taxes$12,457/year
Size2,876 sqft
Price per sqft$1,113
Amenities
Parking
Location
Mortgage Calculator
Listing History
08/28/2025
Listed by Horvath & Tremblay
$3,200,000
Property Details for 25-29 River St
Exterior
Construction
Number Of Units Total: 9
Stories: 18
Stories Total: 18
Year Built: 1937
Year Built Details: Approximate
Measurements
Building Area Total: 2,876
Building Area Units: Square Feet
Lot Features: Other
Lot Size Acres: 0.15
Lot Size Area: 0
Lot Size Square Feet: 6,534
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $12,096.00
Taxes
Tax Annual Amount: $12,457.00
Tax Assessed Value: $1,049,900.00
Tax Year: 2025
Interior
Features
Fireplace: Yes
Fireplaces Total: 18
Measurements
Living Area: 2,876
Living Area Source: Public Record
Rooms
Bathrooms Full: 9
Bathrooms Half: 9
Bathrooms Total Integer: 18
Bedrooms Total: 9
Rooms Total: 18
Parking
Parking
Covered Spaces: 9
Garage Spaces: 9
Garage: Yes
Parking Total: 9
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
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