1269 Massachusetts Ave - Restaurant FOR SALE


Dorchester, MA 02125
$1,600,000 USD
617-308-7658
1269 Massachusetts Ave, Dorchester, MA for Sale
$1,600,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

NEW


1269 Massachusetts Ave
Dorchester, MA 02125


HIGHLIGHTS

  • MIXED-USE Commercial Real Estate Restaurant Building - Low Taxes for area - Lease exp in 1.4months - good condition - great LOCATION
  • This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqF

OVERVIEW

THE VALUE-ADD MASTERPIECE OF BOSTON | RARE VALUE-ADD ASSET 1269 Mass Ave is officially hitting the market, and the potential is staggering. This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqFt restaurant in very good condition. Current lease is very BELOW market price. With the lease expiring in just 1.4 year, this is a prime opportunity to reset to market rates and instantly maximize your ROI or run your own business. Low annual taxes for the Area. ?? Location, location: High visibility, heavy foot traffic, and immediate proximity to the South Bay shopping hub and the South Boston border. Buildings with this much "meat on the bone" in a 10/10 location don't stay available. Rarely do you find this much square footage in this condition with a guaranteed path to doubling your rental income in 16 months. With exceptionally low taxes for a Boston area commercial asset, your margins are protected from day on one. Seller is open to reviewing offers within a reasonable range.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$571 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,862 SF

ZONING

C

APN/PARCEL ID

DORC-000000-000007-003586

ASK ABOUT THIS PROPERTY

Patricia Vaz GabrielColdwell Banker WesfordMore Info
617-308-7658

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Patricia Vaz GabrielColdwell Banker WesfordMore Info
617-308-7658

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