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MLSPropertyFinder.com

390 Arsenal St, Watertown, MA 02472

Commercial

$4,500,000
Price

1
Buildings
Commercial
Type of Comm.
22,417.00
Lot Size
390 Arsenal, situated on the Watertown Greenway, presents a prime re-development opportunity in one of the fastest growing neighborhoods just outside of Boston. Located within the "Regional Mixed Use District" 390 Arsenal features 1/2 acre parcel steps from Arsenal Yards, which features over 20 retail, restaurant + shopping destinations as well as 200,000+ sq ft of office, lab + life science space. 390 Arsenal presents numerous re-development opportunities including Hotel, Lab, R+D, Office, Retail, Mixed-Use or any other use that serves regional demand (see Watertown Zoning Code S. 5.01). With the ability to build up to 55 ft in height with a FAR of 2.0, 390 Arsenal offers a unique opportunity to bring highly sought after Office, Hospitality and/or Mixed-Use space to a densely populated neighborhood that boasts 23,000+ in daily traffic. Seller makes no representations or warranties with regard to what can be developed at the site. BUYER SHALL CONDUCT ITS OWN INDEPENDENT DUE DILIGENCE.
Open House
No scheduled Open Houses
Highlights
Lot Size: 22,417.00
Acres: 0.51
List Price: $4,500,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 1
Buildings: 1
Year Built: 1978
MLS#: 72642415
 
 
Exterior
Acres: 0.51
Lot Size: 22,417.00
Parking Spaces: 25
Site Condition: Dry, Level, Open
Location: Urban, Free Standing, Highway Access, Public Transportation, Central Business District
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Assessed Building Value: $467,700
Assessed Land Value: $1,122,000
Exchange: No
Taxes: $35,816
Tax Year: 2020
Book/Page: 68643/416
Sublet: No
Plat Plan: Yes
Total Assesed Value: $1,589,700
Zone Description: Other (See Remarks)
 
 
Additional
Disclosure Declaration: No
Disclosure: Former Monro Muffler. For additional documents contact listing agent. Seller makes no representations or warranties with regard to what can be developed at the site. BUYER TO CONDUCT INDEPENDENT DUE DILIGENCE AT BUYER'S EXPENSE. Rendering for example purposes only.
For Lease: No
Space Available: For Sale
The listing office is Elevated Realty, LLC and the listing agent is Elevated Properties Team. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Office
Office
Real Estate Advisors Group


Real Estate Advisors Group   Real Estate Advisors Group
195 Mt. Auburn Street • Watertown, MA 02472 Map it
Office: 617-924-8000 • Fax: 617-924-9000
Sales@TheAdvisorsRE.com

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