372 Memorial Drive, Cambridge, Massachusetts 02139

$8,000,000
15,734
SqFt
List Price
$8,000,000
MLS#
72703385
Sq. Ft
15,734
Lot Size
7,000
County
Middlesex
Year Built
1880
Status
ACTIVE

Property Description

CALL FOR OFFERS FIRST WEEK OF OCTOBER 2020. 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. Covid 19 protocols must be followed, please inquire regarding the details and an NDA.

Additional Information

Days on Market
83
Taxes
$13,918
Tax Year
2020
Acres
0.16
Price Per Sqft
$508
Disclosures
This is a co-development opportunity for a builder/owner to possibly obtain Charlies River adjacent property. MIT is a named exclusion.

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Listing courtesy of Coldwell Banker Realty - Back Bay.

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