493 Concord Ave., Cambridge, MA 02138 - Photo 1

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$1,999,500 Just Listed

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Commercial

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Property Description

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.

Full Property Details

Full Property Details for 493 Concord Ave

General

Price: $1,999,500
Taxes: $22,200 (2025)
Status: Active
Type: Commercial
Source: MLSPin
MLS ID: 73466899
Updated: 1/13/2026
Added to Site: 6 day(s) ago

Business

Business Type: Commercial

Location

Area: Neighborhood 9
County: Middlesex
Driving Directions: Concord Ave., New Street, Bay State Road, near Fresh Pond Rotary, take GPS.

Utilities

Utility Description: Public Water, Public Sewer, 220 Volts

Structural Information

Roof: Rubber
Year Built: 1950

Lot Features

Lot Size (Acres): 0.05
Lot Dimensions: .05
Zoning: Legal Non-Conforming

Financial Considerations

Tax Amount: $22,200
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: Property has a small appliance elevator and partial build-out for ADA-compliant bathroom and office. Wiring commercial grade; see Documents for details. Property sold with parking lot at 483 Concord, exclusive of billboards. Owner to retain an easement for billboards.
Property ID: 418383

Buyer's Brokerage Compensation: Contact Listing Agent

Not binding unless confirmed by separate agreement among applicable parties.

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Meet the listing agents

— 493 Concord Ave —

Rita Guastella

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(617) 201-7580 mobile
(617) 864-4430 direct
Russell Hulteen

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(617) 901-6004 direct

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Schools

Schools serving 493 Concord Ave

School District:Cambridge School District

Name	Grades	Distance
Peabody School 70 Rindge Avenue, Cambridge, MA 02140	PK-5	0.7 mi
Haggerty School 110 Cushing Street, Cambridge, MA 02138	PK-5	0.9 mi
Maria L. Baldwin School 85 Oxford Street, Cambridge, MA 02138	PK-5	1.3 mi
Rindge Avenue Upper School 70 Rindge Avenue, Cambridge, MA 02140	6-8	0.7 mi
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139	6-8	2 mi
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141	6-8	2.7 mi
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138	9-12	1.7 mi
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139	PK-5	2 mi
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139	PK-5	2.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 493 Concord Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/09/2026

Listed

$1,999,500

8341.7%

MLS

7/09/2018

Sold

$23,686

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 493 Concord Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$22,200

$1,927,100

-1%

2024

$20,461

$1,956,100

2023

$20,050

-3%

$1,931,600

2022

$20,651

-5%

$1,838,900

—

2021

$21,731

$1,833,800

11%

2020

$20,883

100%

$1,646,900

12%

2019

-100%

$1,476,600

12%

2018

$19,463

$1,314,200

12%

2017

$18,962

$1,176,300

10%

2016

$18,861

$1,065,000

10%

2015

$18,719

-1%

$970,400

2014

$18,921

—

$925,700

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 493 Concord Ave

493 Concord Ave., Cambridge, MA 02138 (MLS# 73466899) is a Commercial property. 493 Concord Ave. is currently listed for $1,999,500 and was received on January 09, 2026. This property is listed by Rita Guastella from our Cambridge Office.Want to learn more about 493 Concord Ave.? Do you have questions about finding other Commercial real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

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493 Concord Ave Cambridge, MA 02138