Description
Attention buy/hold investors looking to diversify their portfolio or owner operators that want to open a new business! 65 Meridian Street offers a great opportunity to own rarely available commercial condos near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is currently occupied and offering a 5% cap rate to potential new ownership with a lease expiring in 2026. This 4-story building was gut renovated in 2019 with 6 residential condos above and next to another commercial space also offered for sale. Location has an amazing 96 walk score and high foot traffic, situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.
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