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1269 Massachusetts Ave 2,800 SF 100% Leased Retail Building Dorchester, MA 02125 $1,600,000 ($571.43/SF)
Investment Highlights
- MIXED-USE Commercial Real Estate Restaurant Building - Low Taxes for area - Lease exp in 1.4months - good condition - great LOCATION
- This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqF
Executive Summary
THE VALUE-ADD MASTERPIECE OF BOSTON | RARE VALUE-ADD ASSET
1269 Mass Ave is officially hitting the market, and the potential is staggering. This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqFt restaurant in very good condition. Current lease is very BELOW market price. With the lease expiring in just 1.4 year, this is a prime opportunity to reset to market rates and instantly maximize your ROI or run your own business. Low annual taxes for the Area.
?? Location, location: High visibility, heavy foot traffic, and immediate proximity to the South Bay shopping hub and the South Boston border.
Buildings with this much "meat on the bone" in a 10/10 location don't stay available. Rarely do you find this much square footage in this condition with a guaranteed path to doubling your rental income in 16 months. With exceptionally low taxes for a Boston area commercial asset, your margins are protected from day on one. Open to decent offers.
1269 Mass Ave is officially hitting the market, and the potential is staggering. This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqFt restaurant in very good condition. Current lease is very BELOW market price. With the lease expiring in just 1.4 year, this is a prime opportunity to reset to market rates and instantly maximize your ROI or run your own business. Low annual taxes for the Area.
?? Location, location: High visibility, heavy foot traffic, and immediate proximity to the South Bay shopping hub and the South Boston border.
Buildings with this much "meat on the bone" in a 10/10 location don't stay available. Rarely do you find this much square footage in this condition with a guaranteed path to doubling your rental income in 16 months. With exceptionally low taxes for a Boston area commercial asset, your margins are protected from day on one. Open to decent offers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
B
Year Built/Renovated
1930/2014
Price
$1,600,000
Price Per SF
$571.43
Percent Leased
100%
Building Height
1 Story
Building FAR
0.98
Lot Size
0.07 AC
Zoning
C
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | DORC-000000-000007-003586 | Improvements Assessment | $187,500 |
| Land Assessment | $117,600 | Total Assessment | $305,100 |
Property Taxes
Parcel Number
DORC-000000-000007-003586
Land Assessment
$117,600
Improvements Assessment
$187,500
Total Assessment
$305,100
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1269 Massachusetts Ave