$180.56 Per Sq Foot $20,936 est/mo Sourced by Back At You

108 Water St,Watertown, MA 02472

Watertown MA, 02472

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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.

Details

MLS#73211295
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1963
Days On Site131
Listing Provided ByW. J. Nealon Commercial Realty, Inc. | John Nealon
Buying Commision$2

Features

Bath(s)8
SQ Feet21,600
ZoningI-2
Acreage0.45

Market Activity 02472

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Learn More About This Property

StateMA
CountyMiddlesex
CityWatertown
Zip Code02472
AreaMiddlesex
Listing VS Median (in 02472)
Price:
$3,900,000
low | high
Med:
$4,400
100% of Average
SqFt:
21,600
low | high
Med:
2,000
100% of Average
$ / SqFt:
$181
low | high
Med:
$2
100% of Average
On Site:
131
low | high
Med:
37.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 8:05:13 AM PDT