$3,100,000

81-85 L Street, Boston, MA

0.11

Acres

Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development.

Facts & Features

MLS® # 73190176
Price $3,100,000
Bathrooms 0.00
Acres 0.11
Type Land
Status Active
Taxes $0

Community Information

Address 81-85 L Street
City Boston
County Suffolk
State MA
Zip Code 02127

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Basement No

Exterior

Lot Description Other

Additional Information

Condo Fees $0
Electric On-Site
Road Type Public
Water Public
Sewer Public Sewer

Listing Details

Agent Christopher Sower
Office Cushman & Wakefield
Buyer Agent Compensation 2.0
Compensation Based On Gross/Full Sale Price
Sub Agency Relationship Offered No

Listing Map

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