Development Opportunity 26 Boston St 1,340 SF Retail Building South Boston, MA 02127 $1,889,000 ($1,409.70/SF)

26 Boston Street, also known by the proposed address 603 Dorchester Avenue, presents a compelling multifamily redevelopment opportunity in the heart of South Boston. This property consists of a 1,340-square-foot retail building, previously used as an auto glass workshop, occupying a 0.09-acre corner lot at the junction of Boston Street and Dorchester Avenue.

Previously approved plans for 603 Dorchester Avenue, a proposed 24-unit mixed-use development with ground-floor commercial, feature a residential mix of two studios and 22 one-bedroom units. The corner configuration, visibility, and transit-adjacent setting position the site for a modern, high-density residential project that aligns with neighborhood growth patterns. Surrounded by established retail, dining, and amenities, the offering captures the opportunity to deliver transit-oriented housing in one of Boston’s most supply-constrained rental markets.

26 Boston Street sits within Andrew Square, one of South Boston’s most important transit nodes and a primary transfer point for the MBTA Red Line and multiple bus routes, supporting seamless access to Downtown Boston, the Seaport, Cambridge, and the South Shore. Direct access to Interstates 90 and 93 and the MBTA Silver Line service easily connects to Logan International Airport. The property is also within a half-mile of South Bay Center, home to national retailers such as Target, Macy’s, Marshalls, The Home Depot, and Starbucks, as well as dining and entertainment options, including a movie theater. Recreational amenities further enhance the tenant experience, with Joe Moakley Park and Carson Beach located within a half-mile. Ongoing public investment through the Andrew Square Safety and Infrastructure Project is expected to improve pedestrian circulation, streetscapes, and overall walkability, thereby reinforcing the neighborhood's long-term appeal.

Over the past two decades, South Boston and the neighboring Seaport district have experienced a remarkable transformation, evolving from an industrial waterfront into a vibrant, high-density mixed-use area. The region boasts a population of more than 850,000 within a 5-mile radius, with numbers expected to increase, and a median household income of $103,000. Located along the Dorchester Avenue growth corridor, an area actively targeted by the City of Boston for increased mixed-use development and housing production. South Boston is noted for its consistently low vacancy rates and strong renter demand, fueled by its proximity to key employment centers. The Seaport and South Boston waterfront serve as major hubs for technology, life sciences, financial services, and hospitality. 26 Boston Street offers a unique opportunity to redevelop a prominent corner site into a well-conceived multifamily asset that aligns with market needs and benefits from sustained urban investment.