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71 Elm St
Watertown, MA 02472
Retail Property For Sale
Executive Summary
FORMER RESTAURANT FOR SALE - This former quick-service restaurant building is available for sale. The site is vacant and comes with all existing FF&E included. 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,552 SF
Building Class
C
Year Built/Renovated
1932/2024
Price
$675,000
Price Per SF
$434.92
Cap Rate
5.62%
NOI
$37,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.70 AC
Zoning
Commercial - Commercial
Property Taxes
| Parcel Number | WATE-001237-000004B | Improvements Assessment | $213,500 |
| Land Assessment | $377,500 | Total Assessment | $591,000 |
Property Taxes
Parcel Number
WATE-001237-000004B
Land Assessment
$377,500
Improvements Assessment
$213,500
Total Assessment
$591,000
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