Address
108 Water St, Watertown, MA
Price
$ 3,900,000
Property Attributes
- MLS#73211295
- TypeCommercial
- CountyMIDDLESEX
- CityWatertown
- Zip02472
- StyleProfessional/Office
- Year Built1963
- Taxes$ 34228
- Price$ 3,900,000
- Bedrooms0
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage21600
- Lot Size0.45 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Don't miss out on this rare opportunity to invest in a value-add property located in one of Boston's hottest suburbs. With strong rental history and booming local economy, this boutique property offers incredible potential for investors and owner-users alike. Spanning approximately 21,600 square feet on 19,428 square foot of land, this property is zoned for office, lab, and other hi-tech uses. With low market rents, there is tremendous upside for rental income growth. On-site parking ensures convenience for tenants and visitors. Located adjacent to the Charles River walking and cycling paths, this property offers easy access to Boston, Cambridge, and the Mass Turnpike. The surrounding area boasts a vibrant and thriving community, making it an attractive destination for businesses and residents. Offered for the first time in a generation, this property presents an exceptional opportunity for investors and owner-users.
| Price History | |
|---|---|
| 3/12/2024 | Listed $3,900,000 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available |
|---|---|
| Zoning | I-2 |
| Year Built | 1963 |
| Tax Year | 2024 |
| Business Type | Professional/Office |
| County | Middlesex |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Galen Street to Watertown Street |
| City | Watertown |
| Senior Community Y/N | No |
| Zoning Description | Legal Non-Conforming |
| Lot Size Square Feet | 19445 |
| Waterfront Y/N | No |
| Street Name | Water St |
| Tax Annual Amount | 34228 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Total Baths | 8 |
|---|
Exterior Features
| Total Parking | 30 |
|---|---|
| Lot Size Area | 0.45 |
| Building Area Total | 21600 |
| Lot Size Acres | 0.45 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02472
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
