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3171 Washington Street, Jamaica PlainBoston, MA 02130MLS Number 72398567

  • Price: $1,189,000The price has recently decreased
  • 58 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.94% last updated on 2018-11-15

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 0.11Acreage
  • 1930Year Built
  • 4Parking Spaces
  • CIProp Type

$100,000 price reduction ! 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.

Listed by John Flaherty and John Ranco of Coldwell Banker Residential Brokerage - Boston - South End

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Call: 617-716-0240 or send a message:

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Driving Directions

Marsh Properties

Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

More Info

Parking

  • Parking Spaces4

Building

  • Year Built1930
  • Rsu Units2
  • Reu Units1
  • No Buildings1
  • No Stories4
  • Entry OnlyNo
  • Assessed Value Bldg596000

Basic Information

  • StatusPCG
  • MLS Number72398567
  • Prop TypeCI
  • Status Date2018-11-14T09:06:00
  • Date Listed09/20/2018
  • List Price$1,189,000
  • LeaseNo
  • DirectionWashington Street between Boylston and Montebello. Just a 6-minute walk from the Stonybrook T.

Photos

  • Photo Date2018-09-20T11:22:00
  • Number of Photos19

Other

  • Modification Date2018-11-14T09:06:00
  • Certificate Number1471
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresMixed use building, 1 fully outfitted restaurant, and 2 residential units.
  • Book57391
  • Listing AgreementExclusive Right to Sell
  • ExchangeNo
  • Firm Rmk1Note that no liquor license is included in this sale. Buyer to do their own due diligence regarding zoning.
  • Page115
  • View Count1

Location

  • Building Number3171
  • Street No3171
  • StreetWashington Street
  • TownBoston
  • StateMA
  • Zip02130
  • Zip Code 42382
  • CountySuffolk
  • NeighborhoodJamaica Plain

Property

  • Acreage0.11
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size4791
  • Assessed Value Land310000
  • Main LoK95001

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