Development Opportunity. Existing 3 story brick warehouse together with ZBA APPROVAL TO CONVERT TO A 6 STORY RESIDENTIAL BUILDING OR TAKE ADVANTAGE OF HIGHLY DESIRABLE EDA-SOUTH ZONING WHERE BUILDINGS TO 70' ARE ALLOWED AND POTENTIAL USES INCLUDE HOTEL, OFFICE, LAB AND SCHOOL! The approved plans call for 6 residential units, the majority of which are direct elevator access 2+ bedroom/2 bath flats with 1420 sq/ft each in a building with +/- 10,800 square feet of total area. The property is located in the South End's hottest new neighborhood with literally millions of square feet of residential, office, laboratory and cultural spaces under construction. A truly rare opportunity, priced to sell. Clean Phase I environmental report. Delivered vacant.
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Last Checked: May 7th, 2024 at 4:22am (Source: MLS PIN #73030349)
General Information for 587 Albany Street, Boston MA 02118
Listing ID73030349
Property TypeCommercial Sale / Commercial
Price$2,995,000
Style
CityBoston
CountySuffolk
MLS AreaSouth End
Neighborhood(s)
ZoningEDA-South
Year Built1900
Disclosures for 587 Albany Street, Boston MA 02118
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsPersonal Property
Buyer Agent Compensation2.25
Facilitator Compensation2.25
Compensation Based On
Contact Information for 587 Albany Street, Boston MA 02118