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Investment Highlights
- Incredible location and access to Downtown Boston, I-93, and the 128 Belt
- Seller offers leaseback for 6-24 months if buyer interested.
- Parking and easy to show
Executive Summary
Excellent opportunity to purchase an industrial warehouse, converted into a social club bar/restaurant 7 years ago. The property is located in a convenient section of Medford close to other businesses and I-93 as well as shopping, residential developments, the Mystic River and the Wellington T Station. Currently built out with a full kitchen and dining room with liquor license, the properties was previously used by a construction company and the parcels industrial zoning allows for broad commercial uses. Renovations in the past 7 years exceed $500K and include ADA-compliant bathrooms, a full commercial kitchen w/deep freezer, new heating system and more. The flat rectangular parcel allows for multiple vehicle parking. Great place to relocate your business. Industrial neighbors to the left and right, 4-story apt building behind. Dead end street abuts Wellington Plaza. Nonprofit seller motivated to both sell and lease back if possible (for 6 - 24 months).
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$50,064,624
|
$13,906.84
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $50,064,624 |
| Annual Per SF | $13,906.84 |
Property Facts
| Price | $1,495,000 | Rentable Building Area | 2,600 SF |
| Price Per SF | $575 | No. Stories | 2 |
| Sale Type | Owner User | Year Built/Renovated | 1950/2021 |
| Property Type | Flex | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.46/1,000 SF |
| Lot Size | 0.23 AC | Clear Ceiling Height | 10’ |
| Zoning | I | ||
| Price | $1,495,000 |
| Price Per SF | $575 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.23 AC |
| Rentable Building Area | 2,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2021 |
| Tenancy | Single |
| Parking Ratio | 3.46/1,000 SF |
| Clear Ceiling Height | 10’ |
| Zoning | I |
Amenities
- 24 Hour Access
- Fenced Lot
- Restaurant
- Security System
- Wheelchair Accessible
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | MEDF-000014-000000-Q000062 | Improvements Assessment | $274,000 (2025) |
| Land Assessment | $510,300 (2025) | Total Assessment | $784,300 (2025) |
Property Taxes
Parcel Number
MEDF-000014-000000-Q000062
Land Assessment
$510,300 (2025)
Improvements Assessment
$274,000 (2025)
Total Assessment
$784,300 (2025)
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