$3,100,000

81-85 L Street, Boston, MA

0.10

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® # 73190183
Price $3,100,000
Bathrooms 0.00
Acres 0.10
Year Built 1950
Type Commercial Sale
Status Active
Taxes $0

Community Information

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

Amenities

Utilities See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No
Basement No

Exterior

Roof Other

Additional Information

Condo Fees $0
Utility Connections See Remarks

Listing Details

Agent Christopher Sower
Office Cushman & Wakefield
Buyer Agent Compensation 2.0

Listing Map

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