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Adam Dow

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

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59-63 Meridian St , Boston, MA 02128
$3,900,000
Est. Payment: $8,666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 245
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BB5200 - CN211596
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House Description

Prime redevelopment & value-add opportunity in the heart of East Boston at 59–63 Meridian St w/additional access from 82 Paris St, steps from Maverick Sq & minutes to the Jeffries Point waterfront. This three-story mixed-use asset totals approx. 15,000 SF & offers exceptional upside for developers, investors & owner-users. MU-5 zoning allows a wide range of potential uses. Conceptual redevelopment plans are in place, providing a head start while preserving flexibility to refine or expand the vision. The property delivers immediate carry income w/two leased retail storefronts on Meridian St & a leased ground-floor office suite w/private entrance at 82 Paris St—offsetting holding costs during planning. The 2nd & 3rd floors are fully vacant, creating a rare opportunity for swift repositioning, phased redevelopment or full-scale transformation. Multiple access points via elevator & stairwells offer exceptional flexibility for future layouts.

Highlights

Listed by Alissa Charles , 617-778-3425 Centre Realty Group , 617-332-0077.

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

1910

County

Suffolk

Listing ID

73468877

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Interior Features

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

Exterior Features

Zoning:Legal Conforming
Roof:Rubber
Principal Interest
$8,667
Taxes
$3,433

Home Price

$3,900,000

Loan Details

30 yrs
%

Down Payment

20%
$780,000
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Monthly Price:
$8,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,666.67 $3,433.42 $0.00 $12,100.08
Yearly $104,000.00 $41,201.00 $0.00 $145,201.00
Total $3,120,000.00 $1,236,030.00 $0.00 $4,356,030.00

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.