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Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development

MLS Listing ID: 73190223
Listing Price: $3,100,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 9
Full Baths: 9
Half Baths: 9
Living Space: 4024 sf.
Lot Size: 0.11 acres (4592 sf.)
Parking: Yes
Taxes: $9,999.00

Listing Current as of February 25, 2024 11:00pm

This listing brought to you by Christopher Sower of Cushman & Wakefield.

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