Homes for sale - 71 Elm, Watertown, MA 02472

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$565,000

Est. payment - /mo

3,049 Sqft Lot

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UPDATED:

11/02/2024 07:06 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73249082

HOA Y/N false

Year Built 1932

Annual Tax Amount $8,160

Tax Year 2023

Lot Size 3,049 Sqft

Acres 0.07

Property Description

FULLY STABILIZED - This single-tenant, free-standing retail site is leased to a stable food operator until July 2032. Tenant is currently paying $2,800/mo gross + utilities with 3% annual increases. A safe, starting investment for someone looking to get into the commercial ownership world and diversify their portfolio. The site directly abuts the Watertown Mall, which was acquired by Alexandria Real Estate Equities for $130M in 2021. This is your chance to be a part of the red-hot Watertown submarket that is being redeveloped as the new life science destination and innovation corridor of greater Boston. Reach out to the listing broker via email or text/call to schedule your showing.

Location

State MA

County Middlesex

Area East Watertown

Zoning I-1

Direction Located directly across the street from the Watertown Mall & .7 mi from Soldiers Field Rd in Boston.

Exterior

Utilities Available Public Water, Public Sewer

Waterfront false

Total Parking Spaces 1

Others

Senior Community false

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Listed by City Realty Group

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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71 Elm Watertown, MA 02472

Sheena Ruggirello

Sheena Ruggirello

Key Details

Location

Exterior

Others

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