Rarely can you find a redevelopment / development opportunity that also produces cash flow today. Comprised of a 37,000 SqFt+- four story building, large parking lot with 20+ spaces and three commercial bays with attached single family in rear. Strong retail and office tenants in place including two anchor tenants, Santander and the Post office. Current gross annual revenue of almost $420,000. Separate electric for all units and separate heat / AC for all first floor retail units. Vacancy on half of the second floor, and full vacancy on remaining 3rd and 4th floors. Frame construction with brick exterior, this property has an abundance of future potential, from storage space (its most recent use) to large loft and beam residential units. Full redevelopment is also possible with a 26,836 square foot lot, curb cut on Leonard street and NS zoning which allows for a wide array of commercial/res. Only .2 of a mile from Fields Corner T stop. A prime investment in the heart of Fields Corner.
This home has been viewed 28 times
Last Checked: May 7th, 2024 at 1:32am (Source: MLS PIN #73071366)
General Information for 1444 Dorchester Ave, Boston MA 02122
Listing ID73071366
Property TypeCommercial Sale / Commercial
Price$6,200,000
Style
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Garage Parking
ZoningC
AssociationNo
Year Built1910
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 1444 Dorchester Ave, Boston MA 02122
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 Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based On
Contact Information for 1444 Dorchester Ave, Boston MA 02122