OFF MARKET - Private Exclusive

Property Description

Rare offering in the heart of Inman Square, Cambridge. This shovel-ready 9-unit development project will be delivered with permits in hand around April 1, 2026, making it an ideal addition to your 2026 project pipeline.

Project Highlights:

  • Gross building area: 11,262 sq. ft.

  • Livable/Sellable area: 7,501 sq. ft.

  • 9 residential units total:

    • (3) One-Bedroom / One-Bath

    • (3) Two-Bedroom / One-Bath

    • (3) Two-Bedroom / Two-Bath

  • 15 bedrooms | 10 full baths | 2 half baths

  • Elevator in building

  • 9 bike parking spaces (no car parking on site)

  • Modern, efficient design with strong rental or resale potential

Location Advantages:

  • Steps to the Union Square Green Line Extension

  • Walkable to Inman Square’s dining, shops, and amenities

  • Easy access to Harvard, MIT, Cambridge & Somerville hotspots

This is an exceptional chance to develop a boutique multifamily project in one of Greater Boston’s most dynamic neighborhoods. With permits in place and delivery scheduled for spring 2026, the project is ready for execution and positioned for long-term profitability.

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For Sale: $3,000,000

7,501 sq ft
Lot 3354
0
Year Built: 2026

Map & Nearby Places

322 Prospect St
Cambridge, MA 02139

Inman Square, Cambridge (322 Prospect St)

Located in the highly desirable Inman Square neighborhood of Cambridge, 322 Prospect St offers the perfect blend of urban convenience and neighborhood charm.

Connectivity & Transportation

  • Minutes to the Union Square Green Line Extension, providing quick access to downtown Boston.

  • Close to multiple MBTA bus routes and easy connections to the Red Line at Central Square.

  • Convenient access to I-93, Memorial Drive, and Storrow Drive for regional commuting.

Lifestyle & Amenities

  • Steps to Inman Square’s vibrant dining scene, cafés, and boutique shops.

  • Walkable to Union Square, Central Square, Kendall Square, and Harvard Square.

  • Surrounded by grocery options, fitness studios, and everyday conveniences.

Education & Employment

  • Proximity to world-class institutions including Harvard University and MIT.

  • Easy access to the biotech and innovation hubs of Kendall Square and Somerville’s growing life science cluster.

Community & Culture

  • Inman Square is known for its unique mix of historic charm and modern energy.

  • Diverse cultural offerings, live music venues, and art galleries are all within walking distance.

  • Lively community events and farmers markets add to the neighborhood appeal.