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108 Water St

Watertown, MA 02472
  • $3,900,000
  • STATUS: Active
  • MLS #: 73211295
UPDATED: 100 min ago
$3,900,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,600
    SQFT
  • $181
    $/SQFT
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing courtesy of John Nealon of W. J. Nealon Commercial Realty, Inc..

Description

Don't miss out on this rare opportunity to invest in a value-add property located in one of Boston's hottest suburbs. With strong rental history and booming local economy, this boutique property offers incredible potential for investors and owner-users alike. Spanning approximately 21,600 square feet on 19,428 square foot of land, this property is zoned for office, lab, and other hi-tech uses. With low market rents, there is tremendous upside for rental income growth. On-site parking ensures convenience for tenants and visitors. Located adjacent to the Charles River walking and cycling paths, this property offers easy access to Boston, Cambridge, and the Mass Turnpike. The surrounding area boasts a vibrant and thriving community, making it an attractive destination for businesses and residents. Offered for the first time in a generation, this property presents an exceptional opportunity for investors and owner-users.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-05-29T22:09:26.677.
www.welchmanrealestate.com/homes/148502508
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108 Water St Watertown, MA 02472

  • Price: $3,900,000
  • Status: Active
  • On Site: Days
  • Updated: 100 min ago
  • MLS #: 73211295
0
Beds
0
Baths
0
½ Baths
0.45
Acres
21,600
SQFT
$181
$/SQFT
1963
Built
County:
Middlesex
Property Description
Don't miss out on this rare opportunity to invest in a value-add property located in one of Boston's hottest suburbs. With strong rental history and booming local economy, this boutique property offers incredible potential for investors and owner-users alike. Spanning approximately 21,600 square feet on 19,428 square foot of land, this property is zoned for office, lab, and other hi-tech uses. With low market rents, there is tremendous upside for rental income growth. On-site parking ensures convenience for tenants and visitors. Located adjacent to the Charles River walking and cycling paths, this property offers easy access to Boston, Cambridge, and the Mass Turnpike. The surrounding area boasts a vibrant and thriving community, making it an attractive destination for businesses and residents. Offered for the first time in a generation, this property presents an exceptional opportunity for investors and owner-users.
Exterior Features

Parking Total 30 Waterfront YN No

Interior Features

Building Area Total 21600

Property Features

Business Type Professional/Office Buyer Agency Compensation 2 Home Warranty YN No Senior Community YN No Tax Annual Amount 34228 Tax Year 2024 Transaction Broker Compensation 1 Utilities Public WaterPublic SewerNatural Gas Available Zoning I-2

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of John Nealon of W. J. Nealon Commercial Realty, Inc.: 617-926-1110.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-05-29T22:09:26.677.
 
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Welchman Real Estate Group | Lila Delman Compass
29 Meetinghouse Lane
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Listing courtesy of John Nealon of W. J. Nealon Commercial Realty, Inc..