$565,000
( )
$3,033 est/mo Sourced by Back At You71 Elm , Watertown, MA 02472
Watertown, MA 02472
Description
FULLY STABILIZED - This single-tenant, free-standing retail site is leased to a stable food operator until July 2032. Tenant is currently paying $2,800/mo gross + utilities with 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. Reach out to the listing broker via email or text/call to schedule your showing.
Details
| MLS# | 73249082 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1932 |
| Days On Site | 122 |
| Listing Provided By | City Realty Group | Sean Rose |
Features
| Bath(s) | 1 |
|---|---|
| Zoning | I-1 |
| Acreage | 0.07 |
Market Activity 02472
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Watertown |
| Zip Code | 02472 |
| Area | East Watertown |
| Listing VS Median (in 02472) | |
Price: $565,000 low | high Med: $329,000 On Site: 122 low | high Med: 32.000000 | |
Listing Updated: September 27, 2024 at 3:25:09 AM PDT