81-85 L Street Boston MA 02127 MLS #73190176

There are multiple listings for this address:
81-85 L Street
Boston, MA, 02127
$3,100,000
Beds
0 Baths
SqFt
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.

Property Details

Price:
$3,100,000
MLS #:
73190176
Status:
Active
Beds:
0
Baths:
0
Address:
81-85 L Street
Type:
Land
Subtype:
5+ Family – 5+ Units Up/Down
City:
Boston
Listed Date:
Jan 3, 2024
State:
MA
ZIP:
02127
Lot Size:
4,592 sqft / 0.11 acres (approx)
Year Built:
1950
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2.0%

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81-85 L Street
Boston, MA
81-85 L Street
Boston, MA, 02127
$3,100,000
9 Beds
13 Baths
4,024 SqFt
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.

Property Details

Price:
$3,100,000
MLS #:
73190223
Status:
Pending
Beds:
9
Baths:
13
Address:
81-85 L Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Boston
Listed Date:
Jan 3, 2024
State:
MA
Finished Sq Ft:
4,024
ZIP:
02127
Lot Size:
4,592 sqft / 0.11 acres (approx)
Year Built:
1950
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Parking Spots
9

Financial

Buyer Agent Compensation
2.0%

Map

Community

Similar Listings Nearby