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Expired

71 Elm, Watertown MA 02472

Commercial Sale

FULLY STABILIZED - This single-tenant, free-standing retail site is leased to a stable food operator until July 2032. Tenant is currently paying $2,600/mo gross + utilities until July 2024, when the rent bumps to $2,800/mo followed by 3% annual increases. A safe, starting investment for someone looking to get into the commercial ownership world and diversify their portfolio. The site directly abuts the Watertown Mall, which was acquired by Alexandria Real Estate Equities for $130M in 2021. This is your chance to be a part of the red-hot Watertown submarket that is being redeveloped as the new life science destination and innovation corridor of greater Boston. Please out to the listing broker via email or text/call to schedule your showing.

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 7:22am (Source: MLS PIN #73188117)

General Information for 71 Elm, Watertown MA 02472

Listing ID73188117

Property TypeCommercial Sale / Commercial

Price$588,000

Style

CityWatertown

CountyMiddlesex

MLS AreaEast Watertown

Neighborhood(s)

Garage Parking

ZoningI-1

AssociationNo

Year Built1932

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 71 Elm, Watertown MA 02472

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

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based On

Contact Information for 71 Elm, Watertown MA 02472

Agent

Name: Sean Rose

Office

Name: City Realty Group

Phone: 617-751-5119

Exclusive Listing Agent

City Realty Group

Sean Rose

Agent Phone

Office Phone

(617) 751-5119

Text Agent Call Agent Call Office

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EXIT