81-85 L Street, Boston, MA 02127

$3,100,000
9
BD
18
BA
4,024
SqFt
List Price
$3,100,000
Status
ACTIVE
MLS#
73190223
Bedrooms
9
Bathrooms
18
Full Baths
9
Half Baths
9
Living Area
4,024
Lot Size (Acres)
0.11
Year Built
1950

Property Description

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

Additional Information

Taxes
$9,999
Lot Description
Other
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Christopher Sower from Listing Office: Cushman & Wakefield.

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