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$ 429,000
Est. payment | /mo
$ 429,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73460833
HOA Fees $611
HOA Y/N true
Year Built 2019
Annual Tax Amount $3,971
Tax Year 2025
Property Description
Attention buy/hold investors looking to diversify their portfolio with commercial real estate! 65 Meridian Street offers a great opportunity to own a rarely available commercial condo near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is offering a 7.8% cap rate to new ownership with an established business, Boost Mobile, as an stable anchor tenant. This 4-story building was redeveloped in 2019 with 6 luxury residential condos above. This location has an amazing 96 walk score with high foot and car traffic and is ideally situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.
Location
State MA
County Suffolk
Direction use GPS
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Carlton's Wharf & Co.