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

$429,000 - $449,000 USD

Storefront Condos 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
97 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit A Retail 798 SF $449,000 USD
  • Unit Size: 798 SF
  • Condo Use: Retail
  • Price: $449,000 USD
  • Sale Type: Investment
  • Price/SF: $562.66 USD
Description
Attention buy/hold investors looking to diversify their portfolio! 65 Meridian Street offers a great opportunity to own rarely available commercial condos near the Maverick Square neighborhood of East Boston. Unit "A" is a ground floor, retail space that is currently occupied by a stable and long-term tenant. This 4-story building was gut renovated in 2019 with 6 residential condos above and next to another commercial space also offered for sale. Location has an amazing 96 walk score and high foot traffic, 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.

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 or owner operators that want to open a new business! 65 Meridian Street offers a great opportunity to own rarely available commercial condos near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is currently occupied and offering a 5% cap rate to potential new ownership with a lease expiring in 10/31/2025. This 4-story building was gut renovated in 2019 with 6 residential condos above and next to another commercial space also offered for sale. Location has an amazing 96 walk score and high foot traffic, 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
South Station (Fairmount Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Greenbush Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Kingston/Plymouth Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Middleborough/Lakeville Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Maverick Station (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 0 min 4 min 0.2 mi
Airport (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 5 min 12 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.