Address
81-85 L Street, Boston, MA
Price
$ 3,100,000
Property Attributes
- MLS#73190183
- TypeCommercial
- CountySUFFOLK
- CityBoston
- Zip02127
- StyleCommercial
- Price$ 3,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development.
| Price History | |
|---|---|
| 1/3/2024 | Listed $3,100,000 |
General Features
| Utilities | See Remarks |
|---|---|
| Roof | Other |
| Year Built | 1950 |
| Business Type | Commercial |
| County | Suffolk |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Located on L Street between E 4th and Emerson Street in South Boston |
| City | Boston |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming,Other (See Remarks) |
| Lot Size Square Feet | 4592 |
| Waterfront Y/N | No |
| Street Name | L Street |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Lease Type | Other (See Remarks) |
| Standard Status | Active |
Exterior Features
| Lot Size Area | 0.1 |
|---|---|
| Lot Size Acres | 0.1 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02127
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
