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Ripe for success in a prime area of robust growth. Situated on an oversized 4,943 sq/ft lot, this amazing mixed-use building features a gleaming turn-key 50-70+/- person restaurant space on the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have a monthly rental income offset occupancy costs. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius.

MLS Listing ID: 72398544
Listing Price: $1,375,000
Listing Status: Active [?]
Neighborhood: Jamaica Plain
Property Type: Multi Family
Bedrooms: 4
Full Baths: 5
Living Space: 5908 sf.
Lot Size: 0.11 acres (4791 sf.)
Parking: Yes
Taxes: $22,831.20
Tax Year: 2018

Listing Current as of October 17, 2018 7:00am

This listing brought to you by John Flaherty of Coldwell Banker Residential Brokerage - Boston - South End.

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