Active
108 Water St
Watertown MA, 02472
$3,900,000
$180.56 per sqft
Active
8 Baths
21,600 sqft
Commercial
Built in 1963
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.
73211295
MLSⓇ ID
February 20, 2024
Listed
April 25, 2024
Updated
Map
108 Water St
Watertown MA, 02472
Interior Features
Bathrooms
8 Baths
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.45 Acres
Other Property Details
Taxes
$34,228
Tax Frequency
Annually
Garage
No
Parking Total
30
View
No
County
Middlesex
Pool
No
Zoning
I-2
Buyer Agency Compensation
2%
Courtesy of John Nealon, W. J. Nealon Commercial Realty, Inc.
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Data last updated 3:46 PM UTC, 4/25/2024
