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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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477-479 River St , Boston, MA 02126
$4,500,000
Est. Payment: $10,000.00/mo
0 Bed
0 Bath
6364 Sqft
Status: Active | Days on site: 49
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House Description

Rare investment and redevelopment opportunity in a highly visible, transit-oriented location. Situated directly across from the Mattapan commuter rail station, this property benefits from exceptional accessibility, strong pedestrian activity, and convenient connections to Downtown Boston and surrounding neighborhoods. The property includes an impressive package of operating licenses, including a Full 2:00 AM Liquor License, Entertainment License, Restaurant License, and Function Hall License, offering immediate value for operators, investors, and hospitality groups seeking a turnkey opportunity.From a development perspective, the property presents significant potential for builders and developers looking to capitalize on continued investment throughout the Boston market. Its transit-accessible location and commercial positioning make it an attractive candidate for redevelopment, repositioning, mixed-use concepts, or value-add improvements, subject to zoning, permitting, and municipal approvals. Boston's zoning framework encourages thoughtful land use and development that supports transportation access, economic activity, and neighborhood growth.Land Use & Development Highlights: 1.Prominent commercial corridor location. 2.Transit-oriented site directly across from the train station 3.Potential redevelopment and density upside, subject to buyer due diligence and City of Boston approvals. 4.Opportunity to create additional value through expansion, modernization, or alternative commercial uses 5.Strong long-term potential to contribute to local job creation, business growth, and neighborhood economic development. Nearby Amenities & Attractions-Mattapan commuter rail/transit station directly across the street. 1.Close proximity to Mattapan Square retail, restaurants, banks, and neighborhood services. 2.Convenient access to major Boston roadways and surrounding neighborhoods including Dorchester, Hyde Park, Milton, and Roslindale. 3.Near parks, recreational areas, and the Neponset River corridor. 4.Located within a densely populated residential market that supports retail, restaurant, entertainment, and event-based businesses.This is a unique opportunity to acquire a licensed commercial asset with immediate operational potential and compelling future redevelopment possibilities in one of Boston's evolving transit-served corridors. Buyers are encouraged to verify all zoning, land-use, and development opportunities

Highlights

Listed by Hamilton Rodrigues , 857-205-5812 Hartford Homes Realty of Boston , 774-218-6642.

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1920

County

Suffolk

Listing ID

73557226

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$10,000
Taxes
$2,939

Home Price

$4,500,000

Loan Details

30 yrs
%

Down Payment

20%
$900,000
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Monthly Price:
$10,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,000.00 $2,938.67 $0.00 $12,938.67
Yearly $120,000.00 $35,264.00 $0.00 $155,264.00
Total $3,600,000.00 $1,057,920.00 $0.00 $4,657,920.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.