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493 Concord Ave., Cambridge MA 02138

Cambridge, MA 02138 • Neighborhood 9
$1,999,500
Est. $12,161/month
0.05
Acres
1950
Year Built
7
Days on Market
Active Listed Jan 9, 2026 • MLS# 73466899 Copied!

About this home

NEW! One of 2- COMMERCIAL PROPERTIES AT FRESH POND! Iconic Sozio appliance store is cleared and ready to sell. 493 Concord is a 2-story building, which fronts on Concord, New, and Bay State Ave, has been a neighborhood icon since 1950. It’s high ceilings (9'10") and massive 8' 9" showroom windows make a great restaurant or retail store. The C1-A zoning enables developers to go up for residential building with top floors offering water views and dramatic city lights below. This location, across from Fresh Pond Reservation is an end-user's dream--near nature trails, dog walking parks, city bus lines, Fresh Pond Shopping Mall (anchored by Whole Foods, Staples, Apple Cinema), the city's municipal golf course, and highway access -- all in the 02138 zip code. Buyer to due diligence on measurements, zoning, & permits. Second Sozio property at 483 Concord (parking lot $999,500), 73466901, 2 doors down is being sold together and “AS IS." Total for both lots $2,999,000. Billboards not included.

Property Overview

Listing Type
Commercial Sale
Year Built
1950

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1950
Lot Size 0.05 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, 220 Volts

Financial

Annual Tax $22,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1950
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Neighborhood 9

493 Concord Ave., Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

3 schools
Cambridge Montessori School
0.4 mi
Grades PK-06
Cambridge Friends School
0.5 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
0.6 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
M

Middle Schools

3 schools
A
Rindge Avenue Upper School
0.7 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
1.2 mi
Grades 01-06
A+
Belmont Middle School
1.4 mi | #15 of 352 | Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

1 school
A+
Belmont High School
1.4 mi | #10 of 346 | Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,850
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 9, 2026
$1,999,500
Original listing
Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Jan 9, 2026 New Listing Added $1,999,500

Market Statistics

Days on Market
7 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $22,200

Financial Details

Annual Property Tax
$22,200
Tax Year 2025

Listing Information

Listing Agent Rita Guastella
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID CN217170
Office MLS ID AN6200
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Cambridge, MA

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