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65 Meridian St
Boston, MA 02128 Central Maverick Square-Paris St

$429,000 USD

Storefront Condo For Sale  •  597 SF

Property Details

  • Property Type Storefront
  • Total Building Size 1,395 SF
  • Lot Size 0.05 AC
  • Building Class B
  • Year Built 2017
  • Tenancy Multiple
  • Zoning CM
77 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B Retail 597 SF $429,000 USD
  • Unit Size: 597 SF
  • Condo Use: Retail
  • Price: $429,000 USD
  • Sale Type: Investment
  • Price/SF: $718.59 USD
Description
Attention buy/hold investors looking to diversify their portfolio with commercial real estate! 65 Meridian Street offers a great opportunity to own a rarely available commercial condo near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is offering a 7.8% cap rate to new ownership with an established business, Boost Mobile, as an stable anchor tenant. This 4-story building was redeveloped in 2019 with 6 luxury residential condos above. This location has an amazing 96 walk score with high foot and car traffic and is ideally situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.

Highlights

Commercial Business District
Heavy Pedestrian Foot/Car Traffic
Strong Cap Rate or Owner Occupancy Option

Public Transportation

Commuter RailDriveWalkDistance
North Station (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Haverhill Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Lowell Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min - 2.0 mi
6 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Maverick Station (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 1 min 4 min 0.2 mi
Airport (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 6 min 13 min 0.7 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 4 min - 1.7 mi
Brian Rivas 617-955-0770 Carlton's Wharf & Co.
Brian Rivas 617-955-0770 Carlton's Wharf & Co.