aisellshomes.space

$3,900,000

Active

59-63 Meridian St

Boston, MA, 02128

Commercial · MLS #73468877

Days on market

New today

Lot size

0.11 ac

0.11 acres

Lot

About this home

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.

Listed by Alissa Charles · Centre Realty Group

Schedule a showing

59-63 Meridian St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$25,246 / month

Down payment20% · $780,000
Interest rate6.50%

Loan term

Principal & interest
$19,721
Property tax
$3,900
Home insurance
$1,625

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

Compare

Similar homes in Boston