617-835-5552
108 Water St, Watertown, MA for Sale
Commercial LAND - FOR SALE
1/1
19,602 SF

108 Water St
Watertown, MA 02472


HIGHLIGHTS

  • Fully approved for a 52-unit apartment/condo redevelopment project.
  • Prime infill location surrounded by established neighborhoods and retail amenities.
  • Strategic connectivity to major roads, transit options, and employment hubs.
  • High-demand residential market with strong absorption and rental growth projections.
  • Ideal opportunity for developers seeking immediate entry into a dynamic housing market.

OVERVIEW

This 0.45-acre parcel offers an exceptional residential redevelopment opportunity with approvals in place for a 52-unit apartment or condominium project. Positioned in a vibrant, high-demand neighborhood, the site allows developers to bypass lengthy entitlement processes, making it a swift-to-market investment. The approved density provides strong revenue potential, catering to growing demand for multifamily housing among professionals, downsizers, and urban commuters seeking modern living environments. With its strategic urban location, the property is close to major employment centers, retail amenities, and transportation corridors. This translates to lifestyle convenience for future residents and enduring value for developers and investors. The compact infill nature of the site supports efficient construction while tapping into excellent market fundamentals, including strong absorption rates and a sustained housing supply-demand imbalance. Prepare to capitalize on an opportunity rarely available

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.45 AC

LAND SF

19,602 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

I-2

APN/PARCEL ID

WATE-000104-000018

ASK ABOUT THIS PROPERTY

John NealonW.J. Nealon Commercial RealtyMore Info
617-835-5552

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John NealonW.J. Nealon Commercial RealtyMore Info
617-835-5552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.