Prime redevelopment & value-add opportunity in the heart of East Boston at 59–63 Meridian St w/additional access from 82 Paris St, steps from Maverick Sq & minutes to the Jeffries Point waterfront. This three-story mixed-use asset totals approx. 15,000 SF & offers exceptional upside for developers, investors & owner-users. MU-5 zoning allows a wide range of potential uses. Conceptual redevelopment plans are in place, providing a head start while preserving flexibility to refine or expand the vision. The property delivers immediate carry income w/two leased retail storefronts on Meridian St & a leased ground-floor office suite w/private entrance at 82 Paris St—offsetting holding costs during planning. The 2nd & 3rd floors are fully vacant, creating a rare opportunity for swift repositioning, phased redevelopment or full-scale transformation. Multiple access points via elevator & stairwells offer exceptional flexibility for future layouts.
- Disclosure
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- C
- Orig Price:
- $3,900,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02128
- Longitude:
- W72° 57' 40.7''
- Latitude:
- N42° 22' 18.4''
Commercial Sale
59-63 Meridian St, Boston, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,900,000
- Year Built :
- 1910
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73468877
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com