59 Meridian St
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59 Meridian St
18,608 SF 100% Leased Office Building East Boston, MA 02128 $4,295,000 ($231/SF)
Executive Summary
Amazing opportunity to buy/hold a large commercial/mixed-use building in your portfolio or envision the perfect re-development! This 3-story building is comprised of 14,000 sqft of rentable space, including two occupied retail storefronts and three vacant office spaces with elevator service at 82 Paris St. ready for your design and vision! Developers/Builders, take advantage of MU-5 zoning designation and renovate into apartments or condos. This building is located near the Maverick Square and Jeffries Point neighborhood of East Boston, 0.3 miles from Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston via train or ferry!
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
18,608 SF
Building Class
C
Year Built
1910
Price
$4,295,000
Price Per SF
$231
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,000 SF
Building FAR
3.88
Lot Size
0.11 AC
Zoning
CB
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (77)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | EBOS-000000-000001-005737 | Improvements Assessment | $1,265,700 |
Land Assessment | $523,200 | Total Assessment | $1,788,900 |
PROPERTY TAXES
Parcel Number
EBOS-000000-000001-005737
Land Assessment
$523,200
Improvements Assessment
$1,265,700
Total Assessment
$1,788,900
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59 Meridian St
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