Commercial for Sale: 71 Elm, Watertown, MA 02472

$565,000
$565,000
71 Elm, Watertown, MA 02472
$565,000
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Price:
$565,000
$10,000 - 09/05/2024

Type Commercial
Lot Size 0.07 acres
Year Built 1932

City Watertown
County Middlesex

MLS 73249082
Status Active
DOM 195 days
FULLY STABILIZED - This single-tenant, free-standing retail site is leased to a stable food operator until July 2032. Tenant is currently paying $2,800/mo gross + utilities with 3% annual increases. A safe, starting investment for someone looking to get into the commercial ownership world and diversify their portfolio. The site directly abuts the Watertown Mall, which was acquired by Alexandria Real Estate Equities for $130M in 2021. This is your chance to be a part of the red-hot Watertown submarket that is being redeveloped as the new life science destination and innovation corridor of greater Boston. Reach out to the listing broker via email or text/call to schedule your showing.

Lot & Building Features

Tax Year 2023
Taxes Paid $8,160

Price History of 71 Elm

Date Name Price Difference
09/05/2024 Price Adjustment $565,000 1.74%
07/31/2024 Price Adjustment $575,000 0.86%
07/12/2024 Price Adjustment $580,000 1.36%
06/07/2024 Listing Price $588,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 71 Elm, Watertown, MA

Location Map Street View
Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by City Realty Group, Sean Rose
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6.75%
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71 Elm (MLS #73249082) is a commercial listing located in Watertown, MA. This commercial listing is on a lot of 3,092 sqft (or 0.07 acres) and is 92 years old. This property was listed on 06/07/2024 and has been priced for sale at $565,000.

Nearby zip codes are 02135, 02138, 02139, 02474 and 02478. This property neighbors other cities such as Belmont, Boston, Cambridge and Newton.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: City Realty Group

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.