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245 Sumner Street, East Boston, MA

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DetailMap
245 Sumner Street

East Boston, MA 02128 - Downtown Boston Ind Submarket


Property Type:Flex Sub Type:- Status:Existing , Renov 1970 Year Built:1930
Building Size:13,500 SF Land Area:.37 AC (16,000 SF)
Ceiling Height:12'0'' Loading Docks:1 int/4 ext Rail:- Power:440a 3p 3w
For Sale Price:$1,750,000 Price/SF:$129.63
Cap Rate:-
Zoning:Commercial,industrial Sprinklers:- Drive Ins:1 tot./9'0''w x 10'0''h Cranes:-
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 3/1,000 SF Amenities:24/7 Building Access, Signage


Superior location with good visibility in close proximity to Boston, Logan Airport, and the North and South Shore areas. The building features 13,500SF of cold storage warehouse and 527 SF of cold storage refrigeration, enclosed dock, black-topped truck well, four restrooms and ample parking. It also has a total of 5 (ext. and int.) loading docks with 1 internal dock measuring 57 feet long. There is also 1,796 SF of air conditioned office space available (comprising of four private partitioned offices). The property has lots of abutting residential and retail developments. Corner lot next to fire station.

Sale Notes:
A Superb Residential Condominium or Apartment Development Site Consisting of a 12,533 SF building on
on a 16,117 SF lot

$2,300,000

As Exclusive Agent, Burgess Properties is pleased to present this superb residential development site for sale. Located within a pitching wedge of the just completed $23,000,000 new Maverick MBTA Blue Line Station, this parcel can accommodate a minimum of 50 units. The existing warehouse building has multiple drive-in and tailboard docks providing an excellent opportunity for short-term rentals while the new owner pursues plans and permits. This is THE closest site to Maverick Station of any of the new condo projects in East Boston and condo owners would be one stop away from Boston's Financial District with astounding views of Boston's skyline.

Stories:
One

Roof Type:
Rubber

Tailboard Docks:
Four

Drive-In Docks:
One

ADA Compliance:
400

Environmental:
21E in hand- perfectly financeable building

Real Estate Taxes:
Approximately $13,000.00

Burgess Properties
Phillip K Burgess
(781) 321-5200 x1

Stephen Nohrden
(781) 321-5200 x14




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