BMN Boston

Get our mobile app!

Download on the App Store

498 Cambridge St. # 1, Cambridge MA 02141

Cambridge, MA 02141 • East Cambridge
$5,000
Est. $1,182/month
0.04
Acres
1900
Year Built
19
Days on Market
Active Listed Feb 5, 2026 • MLS# 73474741 Copied!

About this home

For the first time in almost 40 years, the Courthouse Seafood Restaurant is available for lease or for sale. Esteemed in local history and recognized as the oldest business in East Cambridge, this beloved eatery has deep roots in the Portuguese community and has maintained a strong customer base since its opening in 1987. On the primary level, the restaurant is equipped with a full-service kitchen, a dining area, two handicap accessible bathrooms and an array of display freezers and refrigerators. Downstairs, a large basement spans the the entire footprint of the building - providing an abundance of storage space, additional appliances and a washing station. Located on the eastern-most edge of Cambridge (less than a mile from downtown Boston), end-users can benefit from both a prominent location and a thriving pre-existing business model. Financials are available upon request but restaurant employees and customers should not be solicited for any reason.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Listing Type
Commercial Sale
Year Built
1900

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.04 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, Natural Gas Available

Financial

Annual Tax $11,484

Interior Features

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

Construction & Materials

Year Built: 1900
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

Loading map...

Neighborhood

East Cambridge

498 Cambridge St. # 1, Cambridge MA 02141

Cambridge, MA 02141

Walkability

Loading Walk Score...

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
C+
King Open School
0.3 mi | #500 of 824 | Score: 44.7
Dropped 179 spots from last year
-13.5 below state avg
391 students Very Diverse
Diverse Student Body
Grades PK-05
B
Fletcher/Maynard Academy
0.6 mi | #7 of 12 | Score: 42.1
Improved 616 spots from last year
-16.1 below state avg
249 students Diverse
Rising School Diverse Student Body
Grades PK-05
A-
Cambridgeport School
0.7 mi | #212 of 824 | Score: 54.3
Improved 94 spots from last year
-3.9 below state avg
263 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
B+
Darby Vassall Upper School
0.2 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
0.3 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
Edwards Middle
1.0 mi
H

High Schools

3 schools
B-
Community Charter School of Cambridge
0.3 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
NuVu Innovation School
1.0 mi
Grades 08-12
Farr Academy School
1.2 mi
Grades 07-12
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $957
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
Feb 5, 2026
$5,000
Original listing
Agent: Joe Danisch Office: Coelho Realty Group LLC

Price & Status History

Date Event Price Change
Feb 5, 2026 New Listing Added $5,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2026 $11,484

Financial Details

Annual Property Tax
$11,484
Tax Year 2026

Listing Information

Listing Agent Joe Danisch
Listing Office Coelho Realty Group LLC
Agent MLS ID CN231365
Office MLS ID AN4865
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Cambridge, MA

Real-time market trends and pricing data for this area

498 Cambridge St. # 1, Cambridge MA 02141 - Photo 1 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 2 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 3 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 4 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 5 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 6 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 7 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 8 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 9 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 10 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 11 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 12 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 13 498 Cambridge St. # 1, Cambridge MA 02141 - Photo 14
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Schedule a Tour