Sold
1444 Dorchester Ave
Boston MA, 02122
$5,600,000
Sold
Commercial
Built in 1910
Rarely can you find a redevelopment / development opportunity that also produces cash flow today. Comprised of a 37,000 SqFt+- four story building, large parking lot with 20+ spaces and three commercial bays with attached single family in rear. Strong retail and office tenants in place including two anchor tenants, Santander and the Post office. Current gross annual revenue of almost $420,000. Separate electric for all units and separate heat / AC for all first floor retail units. Vacancy on half of the second floor, and full vacancy on remaining 3rd and 4th floors. Frame construction with brick exterior, this property has an abundance of future potential, from storage space (its most recent use) to large loft and beam residential units. Full redevelopment is also possible with a 26,836 square foot lot, curb cut on Leonard street and NS zoning which allows for a wide array of commercial/res. Only .2 of a mile from Fields Corner T stop. A prime investment in the heart of Fields Corner.
73071366
MLSⓇ ID
January 17, 2023
Listed
November 22, 2024
Updated
Map
1444 Dorchester Ave
Boston MA, 02122
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.62 Acres
Roof
Rubber
Other Property Details
Area Name
Dorchester
Taxes
$58,946
Tax Frequency
Annually
Garage
No
Parking Total
21
View
No
County
Suffolk
Pool
No
Zoning
C
Courtesy of Ramsay and Company, Leading Edge Real Estate
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Data last updated 10:46 PM UTC, 11/22/2024
