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.
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Last Checked: October 7th, 2024 at 4:36pm (Source: MLS PIN #73190183)
General Information for 81-85 L Street, Boston MA 02127
Listing ID73190183
Property TypeCommercial Sale / Commercial
Price$3,100,000
Style
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Garage Parking
Zoning0
AssociationNo
Year Built1950
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 81-85 L Street, Boston MA 02127
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation2.0
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 81-85 L Street, Boston MA 02127